Analysis of Capability of Households to Finance Higher Education

Tarasenko Yuliya V. ()
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Tarasenko Yuliya V.: Academy of Interior Ministry of Ukraine

Business Inform, 2013, issue 12, 236_241

Abstract: The article analyses possibilities of financing higher education by households, it proves, using example of households of Ukraine and Russia, wish and capability of households to finance higher education. Analysis of such a capability of households reveals both possibilities for development of the education system and possibilities of overcoming problems in the structure of own finances. In the result of the analysis, the article identifies problems that require solution for adjustment of stable financing. One of the main problems is imbalance of household expenditures. The structure of these expenditures, which is individual for each country, should be taken into account when identifying cost of education, since household finances become one of the priority sources of financing higher education. Due to this, the article identifies a formula of the cost of education, which should be taken into account when it is established and which includes household capabilities. The article identifies a model, with the help of which it is possible to assess the quality of financing higher education when combining various sources of financing.

Keywords: financing; higher education; household finance; household aggregate expenditures (search for similar items in EconPapers)
Date: 2013
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