Economics of education and finance UE Past Papers Questions.

What are the key arguments of the human capital theory?

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What are the expected benefits and existing challenges of using students` loans in financing higher education in developing couontries?

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In most developing countries public financial resources for financing education have been increasingly insufficient since 1990`s . This situation has led nations to adopt various strategies for financing education.

1. Outline three factors which have contributed to the insufficiency of public financial resources for financing education.
2. Briefly describe any three strategies which majority of developing nations have adopted in financing education in order to address the challenge of public finance insufficiency.

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