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Education Expenditure: Education System Generally Refers To Public Schooling, Not Private

The document discusses education expenditure and its definition. It states that expenditure on education can foster economic growth and reduce inequality. It also covers what is included in education expenditure such as spending on schools, universities, research performed at educational institutions, and ancillary services provided through educational institutions. Both public and private expenditure are discussed as well as what is excluded from private expenditure.

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0% found this document useful (0 votes)
86 views2 pages

Education Expenditure: Education System Generally Refers To Public Schooling, Not Private

The document discusses education expenditure and its definition. It states that expenditure on education can foster economic growth and reduce inequality. It also covers what is included in education expenditure such as spending on schools, universities, research performed at educational institutions, and ancillary services provided through educational institutions. Both public and private expenditure are discussed as well as what is excluded from private expenditure.

Uploaded by

afshan muneer
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Education expenditure

Expenditure on education is an
investment that can foster economic
growth, enhance productivity, contribute to
personal and social development and
reduce social inequality. The proportion of
total financial resources devoted to
education is one of the key choices made
by governments, enterprises, students and
their families.

Definition
The indicator covers expenditure on
schools, universities and other public and
private institutions delivering or supporting
educational services. Expenditure on
institutions is not limited to expenditure on
instruction services but includes public and
private expenditure on ancillary services
for students and their families, where these
services are provided through educational
institutions. At the tertiary level, spending
on research and development can also be
significant and is included in this indicator,
to the extent that the research is
performed by educational institutions.
In principle, public expenditure includes
both direct expenditure on educational
institutions and educational-related public
subsidies to households administered by
educational institutions. Private
expenditure is recorded net of these public
subsidies attributable to educational
institutions; it also excludes expenditure
made outside educational institutions (such
as textbooks purchased by families, private
tutoring for students and student living
cost).

The term education system generally refers to public schooling, not private
schooling, and more commonly to kindergarten through high school programs.
Schools or school districts are typically the smallest recognized form of education
system and countries are the largest. States are also considered to have education
systems.
Simply put, an education system comprises everything that goes into educating
public-school students at the federal, state, or community levels:

Laws, policies, and regulations

Public funding, resource allocations, and procedures for determining


funding levels

State and district administrative offices, school facilities, and


transportation vehicles

Human resources, staffing, contracts, compensation, and employee


benefits

Books, computers, teaching resources, and other learning materials

And, of course, countless other contributing elements

While the term education system is widely and frequently used in news media and
public discourse, it may be difficult to determine precisely what the term is referring
to when it is used without qualification, specific examples, or additional explanation.

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