The private and social returns of public tertiary education in thre Philippines

dc.contributor.advisorReside, Renato Jr. E.
dc.contributor.authorGo, Audrey Valerie J.
dc.contributor.authorNuyda, Maridy D.
dc.date.accessioned2024-11-12T02:44:49Z
dc.date.available2024-11-12T02:44:49Z
dc.date.issued2013-01
dc.description.abstractThis study aims to know the relationship between the social rates of return to education and the amount of society's investments or government subsidies in the Philippines, and the private rates of return and the individual's investment on his or her education. Cost benefit analysis is employed in this study to determine the social and private returns of investments in public higher education, specifically in the University of the Philippines and the Polytechnic University of the Philippines. The results show that the UP system has a higher social return than PUP. Thus, UP should be subsidized more than PUP. This proves that there is indeed a relationship between the social rates of return to education and the amount of society's investments or government subsidies in the Philippines. Subsidy for PUP may be increased, but not necessarily up to a point equal to or higher than the subsidy for UP. Private return is also higher in UP than in PUP. Students would prefer to invest in a UP education rather than a PUP education, disregarding the factors such as accessibility of school and choice of courses. It also proves that the private rate of return is used to explain the behavior of an individual regarding the demand for higher education and the equity effects of subsidy. A socialized tuition scheme is recommended for both UP and PUP for equity reasons among students from low to high-income families enrolling in these state universities.
dc.identifier.urihttps://selib.upd.edu.ph/etdir/handle/123456789/917
dc.language.isoen
dc.subjectPrivate and Social returns
dc.subjectPublic tertiary education
dc.subjectPhilippines
dc.titleThe private and social returns of public tertiary education in thre Philippines
dc.typeThesis

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