Title

Textual statistical analysis of higher education policy financing: evidence from member countries of the Organization for Economic Cooperation and Development (OECD)

DOI

https://doi.org/10.4067/S0718-50062021000100169

Document Type

Article

Publication Date

2-1-2021

Publication Title

Formacion Universitaria

Abstract

The primary objective of the present study is to empirically validate whether higher education financing models proposed by the Organization for Economic Cooperation and Development (OECD) is in agreement with financing policies applied by member countries. The OECD states that financing models implemented by member countries can be classified into four different types depending on the relationship between enrollment rates and student incentive systems. A multifactorial model is constructed from textual data to analyze the bodies of higher education financing policies in four countries: Norway, Germany, the United Kingdom, and Colombia. The results show that factorial analysis explains 75.6% of variance, based on the first two axes: “supply and demand financing” (40.9%) and “costs for students” (34.6%). It is concluded that the financing system proposed by the OECD works to describe the financing models of the countries examined.

Volume

14

Issue

1

First Page

169

Last Page

180

Identifier

SCOPUS_ID:85101001863

Documento original

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