Justifying Higher Education Expenditure Using Saturation Analysis
DOI:
https://doi.org/10.61569/bh996y63Keywords:
Gross domestic product, Higher education expenditure, Saturation analysisAbstract
The massive allotment of funds for tertiary education in the Philippines prompted the researchers to examine whether this high budget is justifiable in terms of contribution to the GDP of the country. This study determined the extent of money that the Philippine government will spend for tertiary education per student, that will help increase the GDP per capita to the highest level using saturation analysis. The findings show that the saturation point for the government expenditure per tertiary student for ASEAN countries is 22.20% of the GDP per capita.
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