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ERIC Number: ED505800
Record Type: Non-Journal
Publication Date: 2003-Aug
Pages: 57
Abstractor: ERIC
Reference Count: 39
ISBN: N/A
ISSN: N/A
Australia's Educational Expenditures. Working Paper No. 50
Burke, Gerald
Centre for the Economics of Education and Training, Monash University
This paper provides an analysis of revenue for and expenditure on Australian education institutions. It includes a review of funding from public and private sources and from overseas. Analyses are made for education as a whole and for the major sectors: schools, vocational education and training (VET) and higher education. Estimates are considered in current and constant prices. Analysis is made of changes in expenditure per student or hour of training. Consideration is given to non-institutional expenditures including student assistance and employer expenditures. In the last few years expenditures on educational institutions have grown in real terms by about 2 per cent per annum. Private expenditure and expenditure by overseas students have grown faster than public expenditure, though part of the expansion of private expenditures has been financed by government, such as grants to non-government institutions and advances to support the Higher Education Contribution Scheme (HECS). Most of the additional resources for education have gone to schooling. On average, both government and non-government schools have experienced continuing substantial growth in real expenditure per student. The total real resources in VET in 2001 were about the same as in 1997 but hours of training had increased by about 4 per cent per annum. There are various ways in which efficiencies have been pursued to offset the effects of the apparent reduction in resources per hour. An increased proportion of expenditure in this period went to non-TAFE (Technical and Further Education) providers and, as with universities, there was a reduction in the share of expenditure on personnel. In higher education there has been little growth in publicly funded Australian student numbers in recent years and a small decline in real public funding per student. The most notable changes are the continued growth in the proportion of the public expenditures funded through HECS and the expansion in fee paying overseas students and Australian students in postgraduate courses. The decline in staffing ratios in higher education is significantly larger than the decline in funding per student. The gap is a matter for further analysis. An appendix, The Nature of the VET Financial Data, is included. (Contains 9 footnotes and 32 tables.)
Centre for the Economics of Education and Training. Available from: Monash University. Faculty of Education, Building 6, Monash University, Victoria 3800 Australia. Tel: +61-3-9905-9157; Fax: +61-3-9905-9184; e-mail: ceet@education.monash.edu.au; Web site: http://www.education.monash.edu.au/centres/ceet
Publication Type: Numerical/Quantitative Data; Reports - Evaluative
Education Level: Adult Education; Elementary Secondary Education; Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Monash University, Centre for the Economics of Education and Training
Identifiers - Location: Australia