Accessibility and Affordability of Tertiary Education in Brazil, Colombia, Mexico and Peru within a Global Context
This paper examines the financing of tertiary education in Brazil, Colombia, Mexico and Peru, comparing the affordability and accessibility of tertiary education with that in high-income countries. To measure affordability, the authors estimate edu...
Main Authors: | , |
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Format: | Policy Research Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2008/02/9009520/accessibility-affordability-tertiary-education-brazil-colombia-mexico-peru-within-global-context http://hdl.handle.net/10986/6427 |
Summary: | This paper examines the financing of
tertiary education in Brazil, Colombia, Mexico and Peru,
comparing the affordability and accessibility of tertiary
education with that in high-income countries. To measure
affordability, the authors estimate education costs, living
costs, grants, and loans. Further, they compute the
participation rate, attainment rate, and socio-economic
equity index in education and the gender equity index as
indicators of accessibility. This is the first study
attempting to estimate affordability of tertiary education
in Latin America within a global context. The analysis
combines information from household surveys, expenditure
surveys, and administrative and institutional databases. The
findings show that families in Latin America have to pay 60
percent of per-capita income for tertiary education per
student per year compared with 19 percent in high-income
countries. Living costs are significant, at 29 percent of
gross domestic product per capita in Latin America (19
percent in high-income countries). Student assistance
through grants and loans plays a marginal role in improving
affordability. Moreover, the paper confirms previous
findings of low access to tertiary education in the region.
One policy implication of the findings is that Latin
American governments could take steps to make tertiary
education more affordable through student assistance. |
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