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Title: | The quality of Hong Kong's self-financing sub-degree education from an economic perspective | Authors: | Chan, Chi Wai | Issue Date: | 2012 | Publisher: | Routledge | Journal: | Journal of Higher Education Policy and Management | Abstract: | This paper examines the quality of Hong Kong's sub-degree level education provided by the self-financing institutes in terms of its impact on the earnings of workers, based on Hong Kong's 2006 by-census data. Education is an investment in human capital that enhances the productivity of workers and increases their lifetime incomes; and a more productive investment will produce a higher rate of return. The effects of education on workers' earnings can be regarded as a proxy for measuring the quality of education undertaken. This study shows that, as regards earnings, and therefore (indirectly) quality, the quality of sub-degree level education provided by some self-financing institutes is statistically significantly lower than that provided by publicly-funded institutes. (Contains 1 table and 1 note.) | Keywords: | Cost effectiveness Outcomes of education Foreign countries Human capital Financial support Public colleges Private colleges Education work relationship Salary wage differentials Educational quality Postsecondary education Vocational education |
Type: | Article | ISSN: | 1360-080X | DOI: | 10.1080/1360080X.2012.689180 |
Appears in Collections: | Others |
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