Abstract
Most studies of the returns to higher education ignore the effects of taxation on the distribution of the costs and benefits of education. In an analysis of higher education in Fiji, this study incorporates the tax system in a model of the returns to education and finds that, rather than subsidising higher education, the public generate a significant financial benefit from their funding of higher education, in addition to the profit made by the individual student.
Original language | English |
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Pages (from-to) | 153-166 |
Number of pages | 14 |
Journal | Education Economics |
Volume | 7 |
Issue number | 2 |
Publication status | Published - 1999 |