Which type of education should we pay for?
How much education should we pay for?
Can we buy knowledge about how to improve education?
Uniquely presenting a general overview of economic principles applicable to all sectors of education,
Paying for Education
makes key economic ideas accessible to non-economists, whilst drawing on insights from other social science disciplines. It examines the implications of its analysis, especially for two important areas of policy – paying for teachers and paying for teaching in higher education – in order to highlight some underlying issues and consider alternative policy options, as well as reflect on possible futures.
The chapters examine:
The value of education for the individual
The value of education for society
Private and public demands for education
Choosing a system to supply education
The cost, efficiency and equity of providing education
Analysing evidence and case studies on a global scale,
is an essential read for academics, educational administrators, policy makers, leaders in educational organisations and all of those interested in the future of how we pay for education.