Browsing Tag
education
15 posts
Southeast Asia leaders, UK experts examine education disruption
Two years after COVID-19 related school closures affected the quality of education for more than 152 million children in Southeast Asia, Ministers of Education and representatives from Brunei, Cambodia, Indonesia, Laos, Thailand, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam
Thailand’s education system is failing its youth and the country’s competitiveness
Thailand’s education system is failing its youth and the country’s competitiveness. Simply, it lacks accountability. Thailand can no longer argue it lacks the finances to improve and sustain an effective education system.
Paying for higher education in Thailand
Sustained effort to upgrade human capital is needed for countries in Southeast Asia to increase living standards to those of the advanced economies. Higher education and access to it are essential in boosting long-term productivity and supporting economic outcomes that are crucial to a country’s ability to integrate into the increasingly knowledge-based global economy.Public investment is one element in improving higher education, but fully subsidising higher education has been shown to be inefficient and expensive. Why should the public pay all the cost for individuals to attend universities when much of the gain from higher education is captured by graduates who, over their lifetimes, earn much higher-than-average salaries because of the payoff from educational investment?Yet it is well known that, left to itself, the commercial banking market will not provide students with loans to help them finance their higher education.