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ERIC Number: EJ1088773
Record Type: Journal
Publication Date: 2011
Pages: 19
Abstractor: As Provided
Reference Count: 23
ISBN: N/A
ISSN: ISSN-2156-8235
Exploring Higher Education Financing Options
Nkrumah-Young, Kofi K.; Powell, Philip
European Journal of Higher Education, v1 n1 p3-21 2011
Higher education can be financed privately, financed by governments, or shared. Given that the benefits of education accrue to the individual and the state, many governments opt for shared financing. This article examines the underpinnings of different options for financing higher education and develops a model to compare conditions to choices and outcomes. As an illustration, it then uses the Jamaican experience of the past four decades to demonstrate outcomes. This demonstrates that, for political reasons, there were adverse outcomes, including infrastructural neglect, enrolment decline, threats to programme quality and financial difficulties but also that many of these outcomes should have been foreseen.
Routledge. Available from: Taylor & Francis, Ltd. 325 Chestnut Street Suite 800, Philadelphia, PA 19106. Tel: 800-354-1420; Fax: 215-625-2940; Web site: http://www.tandf.co.uk/journals
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Jamaica