Higher Education in Developing Countries: A Cost-Benefit Analysis

摘要

The purpose of this paper is to take a close look at the socio-economic rationale of higher education provision in developing countries. This is done by reviewing the costs and benefits associated with investment in higher education as a whole and especially in different post-secondary subjects. University costs, and in particular benefits, are treated here in their broadest sense to arrive at the true contribution of higher education to the standard of living of the present and future generations. This socio-economic evaluation of the higher education subsector is performed by reference to a multi-country, multi-period data set, which has been augmented by nonquantitative considerations. (Copyright (c) 1980 The World Bank.)