Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000.

Education is both a public good and a market commodity. As a public good, it is the responsibility of a responsible government to use scarce national resources for education in an optimal way. But as the government cannot meet all the demand for tertiary education, it has allowed private sector i...

Full description

Bibliographic Details
Main Author: Shuib, Munir
Format: Article
Language:English
Published: National Higher Education Research Institute, Universiti Sains Malaysia 2004
Subjects:
Online Access:http://eprints.usm.my/34199/
http://eprints.usm.my/34199/1/BULLETIN_4_PART_3.pdf
_version_ 1848877277855612928
author Shuib, Munir
author_facet Shuib, Munir
author_sort Shuib, Munir
building USM Institutional Repository
collection Online Access
description Education is both a public good and a market commodity. As a public good, it is the responsibility of a responsible government to use scarce national resources for education in an optimal way. But as the government cannot meet all the demand for tertiary education, it has allowed private sector initiatives to set up private colleges to sell education as a commodity. Government and private individuals alike need to know the level of rates of return to their resources used in tertiary education to reflect the efficiency of the allocation of resources and the profitability of tertiary education as individual commitments.
first_indexed 2025-11-15T17:12:54Z
format Article
id usm-34199
institution Universiti Sains Malaysia
institution_category Local University
language English
last_indexed 2025-11-15T17:12:54Z
publishDate 2004
publisher National Higher Education Research Institute, Universiti Sains Malaysia
recordtype eprints
repository_type Digital Repository
spelling usm-341992017-05-17T00:40:21Z http://eprints.usm.my/34199/ Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000. Shuib, Munir LB2300 Higher Education Education is both a public good and a market commodity. As a public good, it is the responsibility of a responsible government to use scarce national resources for education in an optimal way. But as the government cannot meet all the demand for tertiary education, it has allowed private sector initiatives to set up private colleges to sell education as a commodity. Government and private individuals alike need to know the level of rates of return to their resources used in tertiary education to reflect the efficiency of the allocation of resources and the profitability of tertiary education as individual commitments. National Higher Education Research Institute, Universiti Sains Malaysia 2004 Article PeerReviewed application/pdf en http://eprints.usm.my/34199/1/BULLETIN_4_PART_3.pdf Shuib, Munir (2004) Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000. Bulletin of Higher Education Research. pp. 8-10. ISSN 1675-6428
spellingShingle LB2300 Higher Education
Shuib, Munir
Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000.
title Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000.
title_full Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000.
title_fullStr Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000.
title_full_unstemmed Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000.
title_short Rates of return to tertiary education: A study in human capital development in Malaysia for Year 2000.
title_sort rates of return to tertiary education: a study in human capital development in malaysia for year 2000.
topic LB2300 Higher Education
url http://eprints.usm.my/34199/
http://eprints.usm.my/34199/1/BULLETIN_4_PART_3.pdf