Philippine Investment in the Tertiary Education of State Universities and Colleges
Abstract
This study determined the Philippine government’s investment in state HEIs from 2005-2010 and their enrolments vis-á-vis the graduation and labor force participation. Findings reveal that SUCs’ budget increased every year with corresponding increase in expense per head, except for SY 2006-2007. Labor demand is low compared to the number of graduates from SUCs. Thus, analyses reveal that the government had a lost investment in tertiary education because the number of enrollees subsidized by the Philippine government decreased by the time they graduated. The number of those who became employed was even low. Recommendations include a strong link among SUCs, businesses, industries and other stakeholders, SUCs to offer student financial loans on priority courses, and influence they way of thinking of people towards entrepreneurship and self- employment.
Keywords:
Philippine investment, Budget allocation, labor force participation, tertiary education
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Asian Development Bank and The World Bank. (1998). Philippines education for the 21st century: The 1998 Philippines education sector study. 2010 and 2009 annual labor and employment status. National Statistics Office. CENSUS.
Balagtas, J.M. (n.d.). Number one problem in the Philippines.
Banu, A., Kundu, N., & Pathan, M.A.I. (n.d.). Sustainable development of low income countries through investment in tertiary education: Indicative and strategic. Retrieved from http://bea-bd.org/site/images/pdf/20.pdf.
Bloom, D., Canning, D., & Chan, K. (2006). Higher education and economic development in Africa. Harvard University.
Carnoy, M., & Samoff, J. (1990). Education and social transformation
in the third world. Princeton, New Jersey: Princeton University Press.
Case, K. & Fair, R. (2002). Principles of Economics (6th ed.). Prentice-Hall, Inc., New Jersey.
Current educational priorities and concerns. SEAMEO- INNOTECH.
Dela Cruz, R.T. (2011, October). World Bank urges higher education budget. Manila Standard Today.
Egargo, F. N. (2008). Community radio broadcasting in the Philippines. Navotas City: National Book Store.
Ellao, J.A.J. (2010, September). Aquino’s budget cut on education is worse than Arroyo’s Kabataan Party. Bulatlat.
Esguerra, J., Balisican, A., & Confesor, N. (2000). The Asian crisis and the labor market: Philippine case study
General Appropriations Act books 2005, 2006, 2007, 2008, 2009, 2010. Republic of the Philippines.
Gonzalez, A. (1992, January). Higher education, brain drain and overseas
employment in the Philippines: Towards a differentiated set of solutions. Higher Education Journal, 23, (1).
Guillermo, R. (1997). Rationalizing failures: The Philippine government in the education sector. SKYINET
Higher education enrolment and graduates by sector, discipline group, sex, and
academic year: AY 2005/06-AY 2009/10. CHED statistics
Kearney, M., & Yelland, R. (2010). Higher education in a world changed utterly: Doing more with less. Draft discussion paper. OECD/IMHE Conference, Paris.
Kenkel, D. (1990). Consumer health information and the demand for medical care. Review of Economics and Statistics, 72.
Knight, J. (Ed.). (2009). Financing access and equity in higher education. In Global Perspectives on Higher Education, 19. Rotterdam and Taipei: Sense Publishers.
Ladd, H.F. (2011). Education and poverty: Confronting the evidence. Working Papers Series. SANFORD
Lagrada, H. (2009). The coordinating council on accreditation and quality assurance programs in the Philippine. AACCUP 22nd Annual National Conference, Manila Hotel.
Legarda, L. (2012). Keynote speech during the 2012 AACCUP National Conference and Silver Anniversary Celebration. Manila Hotel.
Meinardus, R. (2003). The crisis of public education in the Philippines. Business World internet edition
Montalvo, J.G. (2004). Education, poverty and development in the Philippines: From quantity to quality and beyond.
Nair, B., Smart, W., & Smyth, R. (2008). How does investment in tertiary
education improve outcomes for the New Zealanders? Retrieved from htt://www.msd.gov.
Published
2017-06-19
Section
Articles
Copyright (c) 2017 Asia Pacific Journal of Social and Behavioral Sciences
Copyright holder is the Bukidnon State University.
