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Abstracts - August 28, 2004
Implementing the mission; ...
Tertiary education responding to ....
Tertiary education for private and social ...
Tertiary training for global health needs: ...
Financing the education policy choices ...
Financing Higher Education: Policy ...
Revisiting Tertiary and higher education policy...
Financing higher education , ...
Financing higher education: Policy choices
Go to abstracts for August 29, 2004
 

Financing higher education Policy choices The perspective of an educational entrepreneur

by Hyacinth Bennett

 

This paper examines the issue of the financing of tertiary education from the perspective of an educational entrepreneur and in the larger contexts of formulating tertiary and higher education policy in Jamaica and the known deficiencies and chronic problems of the education system.

The quite variable higher education system spanning the public and private sectors with a range of expectations and poor policy definition is surveyed along with the underpinnings of the tertiary sector in the secondary, primary and early childhood levels of the national education system. The historical origins of the system are briefly reviewed.

The fiscal difficulties of the Government of one of the most indebted countries in the world in financing education is treated in the face of rising expectations and demands. A critical financing lesson drawn from a brief and broad survey of fee paying at various levels of the education system is that ‘clients’ are prepared to pay for quality education services especially where stakes are high as in the competition for scarce quality places in high schools or demand is greatly outstripping supply as in degree-level.

The paper demonstrates that the issue of financing education, from a series of events over the last few years, is now firmly on the table, and as the country’s fiscal condition remains critical it is not likely to fall off the agenda as in the past. The issue, it argues, must be satisfactorily resolved, and soon as a fundamental part of any formulation of an education policy.

The link between education and development is discussed and the comparatively poor performance of the Jamaican education system vis a vis our sister Caribbean territories and some countries with similarly low per capita GDP is noted.

The call of the West Indian Commission in its “Time for Action Report” to ‘bite the bullet’ of resolving education financing issues serves as point of departure for making a number of recommendations from the perspective of an educational entrepreneur operating in the Jamaican education system.

 
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