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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Towards a principle of financial allocation in educational planning
Author:Kayode, N.O.
Periodical:West African Journal of Education
Geographic term:Nigeria
Subjects:educational philosophy
cost-benefit analysis
Abstract:This paper assumes that the educational goal is derived from the over-all goal of the society and also that no society is interested in education just for the sake of it. With these assumptions, the paper attempts providing a theoretical framework for more objective answers to some of the burning questions on education. The first part of the paper is devoted to these assumptions. The assumption which underlines the analysis is that financial organization has to be closely tied to the benefits of education. The second part therefore discusses the characteristics of the benefits from education. Sections: Economic questions in educational planning - Education and the goal(s) of society - Distribution of the benefits of education (benefits of education and the beneficiaries; benefits and types of education; benefits of education and level of development) - Guidelines for expenditures on education for a developing country: the Nigerian case. Notes, appendix: tables.