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by joshuaissac
1483 days ago
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> [2] lets you look at country per capita spending on tertiary education The link shows government spending per student as a percentage of GDP per capita, rather than overall government spending per capita. This figure can get distorted when there are more students in the system for any reason (such as due to private investment). > since those places tend to make it harder to go to college, since taxpayer pressure on cost reduces opportunity. This does not follow. Rather, having more students decreases the per-student government expenditure figure, even as the burden on the taxpayer stays the same. As a percentage of GDP, US government expenditure on tertiary education is roughly in the middle of what various countries in Europe spend. https://www.statista.com/statistics/707557/higher-education-... |
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That does not follow unless students cost zero to educate.
As more students enter, it costs more.
>As a percentage of GDP,....
And the US educates a larger portion of their population than most (if not all?) European countries. This is why using % of GDP is misleading, since the countries are paying for a different rate of educated people. The cost per student is more applicable, since as those other countries scale up the number educated will necessarily spend more, since on the margin people don't cost zero to educate.
This is why I pointed out the rates of education are different. Comparing a country spending 1% to educate 2% to one spending 3% to educate 10%, only looking at the 1% and 3%, is missing important information.