The Economics of Higher Education
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The economics of higher education is intimately linked with the quality of higher education, and not only because the quality of the education provided by an institution, or reputed to be provided by an institution, will affect the income of that institution, whether by market mechanisms or by formula funding from government. The economics of higher education forces us to consider different aspect of the quality of education, not just whether it is high quality or low quality, but what sort of a thing it is altogether.
KeywordsHigh Education Public Good Private Good Public Rate Private Rate
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