IDEAS home Printed from https://ideas.repec.org/a/eme/ijsepp/v38y2011i4p382-406.html
   My bibliography  Save this article

Affordability of private tertiary education: a Malaysian study

Author

Listed:
  • Samuel Jebaraj Benjamin
  • M. Srikamaladevi Marathamuthu
  • Saravanan Muthaiyah
  • Murali Raman

Abstract

Purpose - The purpose of this paper is to examine the affordability of private tertiary education for households in Malaysia. Design/methodology/approach - The relevant literature is reviewed to provide an overview of the affordability of private tertiary education. Data are obtained randomly from a private university in Malaysia and the results are analyzed using the one‐samplet‐test and one‐way ANOVA. Findings - The proxy of affordability, which is the average household income, reveals the per capita average is more than three times the national average, which points out the non‐affordability of students from low and average earning households to afford private tertiary education in Malaysia. Financial assistance of students at the tertiary level is insufficient and may warrant further policy and administrative improvements to reach deserving students. There is also difference in income and hence affordability between urban‐rural households, a perspective that demands changes in the current income distribution policies. In order to address the issues highlighted in this study, salient suggestions have been proposed. Originality/value - This paper reinforces the need to address the issue of affordability of tertiary education and its significant importance, especially to developing countries.

Suggested Citation

  • Samuel Jebaraj Benjamin & M. Srikamaladevi Marathamuthu & Saravanan Muthaiyah & Murali Raman, 2011. "Affordability of private tertiary education: a Malaysian study," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 38(4), pages 382-406, March.
    • Handle: RePEc:eme:ijsepp:v:38:y:2011:i:4:p:382-406
    DOI: 10.1108/03068291111112068
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/03068291111112068/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/03068291111112068/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/03068291111112068?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Gundlach, Erich & Wo[beta]mann, Ludger, 2001. "The fading productivity of schooling in East Asia," Journal of Asian Economics, Elsevier, vol. 12(3), pages 401-417.
    2. repec:bla:ausecr:v:34:y:2001:i:2:p:195-204 is not listed on IDEAS
    3. Blundell, Richard, et al, 2000. "The Returns to Higher Education in Britain: Evidence from a British Cohort," Economic Journal, Royal Economic Society, vol. 110(461), pages 82-99, February.
    4. Rebelo, Sergio, 1991. "Long-Run Policy Analysis and Long-Run Growth," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 500-521, June.
    5. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
    6. Barro, Robert J. & Lee, Jong-Wha, 1994. "Sources of economic growth," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 1-46, June.
    7. World Bank, 2007. "Malaysia and the Knowledge Economy : Building a World Class Higher Education System," World Bank Publications - Reports 7861, The World Bank Group.
    8. Hill, Catharine B. & Winston, Gordon C., 2006. "Access: Net prices, affordability, and equity at a highly selective college," Economics of Education Review, Elsevier, vol. 25(1), pages 29-41, February.
    9. Barr, Nicholas, 1998. "Higher education in Australia and Britain : what lessons?," LSE Research Online Documents on Economics 285, London School of Economics and Political Science, LSE Library.
    10. Nicholas Barr, 1998. "Higher Education in Australia and Britain: What Lessons?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 31(2), pages 179-188, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bede Akorige Atarah & Augustine Awuah Peprah, 2014. "Assessing the Influence of Advertising on Student Enrolment in Private Tertiary Institutions in Ghana," International Journal of Business and Social Research, LAR Center Press, vol. 4(3), pages 55-65, March.
    2. Bede Akorige Atarah & Augustine Awuah Peprah, 2014. "Assessing the Influence of Advertising on Student Enrolment in Private Tertiary Institutions in Ghana," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 4(3), pages 55-65, March.
    3. Muh. Amin & Sugiyanto & Keppi Sukesi & Ismadi, 2013. "Foreign Students’ Motivation for Studying In Malaysia," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 3(3), pages 833-846, March.
    4. Jona J. Gabana & Dennis V. Madrigal, 2021. "A Glimpse into the Lives of Transferring Private School Students to a State College," Technium Social Sciences Journal, Technium Science, vol. 20(1), pages 50-60, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nancy Vandycke, 2001. "Access to Education for the Poor in Europe and Central Asia : Preliminary Evidence and Policy Implications," World Bank Publications - Books, The World Bank Group, number 13974.
    2. Turnovsky, S., 2000. "Growth in an Open Economy: some Recent Developments," Papers 5, Warwick - Development Economics Research Centre.
    3. Günther Rehme, 2011. "Endogenous Policy And Cross‐Country Growth Empirics," Scottish Journal of Political Economy, Scottish Economic Society, vol. 58(2), pages 262-296, May.
    4. Durlauf, Steven N. & Quah, Danny T., 1999. "The new empirics of economic growth," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 4, pages 235-308, Elsevier.
    5. Celal Kucuker, 2003. "Türkiye Ýktisat Kongresi Büyüme Stratejileri Çalýþma Grubu," Working Papers 2003/5, Turkish Economic Association.
    6. Robert J. Barro, 1994. "Democracy & Growth," NBER Working Papers 4909, National Bureau of Economic Research, Inc.
    7. Mine Yilmazer & Serkan inar, 2015. "Human Capabilities and Economic Growth: A Comparative Human Capability Index," International Journal of Economics and Financial Issues, Econjournals, vol. 5(4), pages 843-853.
    8. Raifu, Isiaka, 2019. "Economic growth in Africa: Does gender education still matter?," MPRA Paper 92916, University Library of Munich, Germany.
    9. Roberto Gásquez & Vicente Royuela, 2014. "Is Football an Indicator of Development at the International Level?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 117(3), pages 827-848, July.
    10. Steve Dowrick, 2003. "Ideas and Education: Level or Growth Effects?," NBER Working Papers 9709, National Bureau of Economic Research, Inc.
    11. Bahar Bayraktar-Sağlam, 2016. "The Stages of Human Capital and Economic Growth: Does the Direction of Causality Matter for the Rich and the Poor?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(1), pages 243-302, May.
    12. Martín-Mayoral, Fernando, 2008. "¿Existe convergencia entre los países de América Latina? [Exist convergence across Latinamerican countries]," MPRA Paper 16039, University Library of Munich, Germany.
    13. De Gregorio, Jose, 1996. "Borrowing constraints, human capital accumulation, and growth," Journal of Monetary Economics, Elsevier, vol. 37(1), pages 49-71, February.
    14. Mina Baliamoune-Lutz, 2002. "Assessing the Impact of One Aspect of Globalization on Economic Growth in Africa," WIDER Working Paper Series DP2002-91, World Institute for Development Economic Research (UNU-WIDER).
    15. Steve Dowrick, 2004. "Ideas and Education: Level or Growth Effects and Their Implications for Australia," NBER Chapters, in: Growth and Productivity in East Asia, pages 9-40, National Bureau of Economic Research, Inc.
    16. Seher Gülşah Topuz, 2022. "The Relationship Between Income Inequality and Economic Growth: Are Transmission Channels Effective?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 162(3), pages 1177-1231, August.
    17. Esa Mangeloja, 2004. "Interrelationship of economic growth and regional religious properties," ERSA conference papers ersa04p94, European Regional Science Association.
    18. Iamsiraroj, Sasi, 2016. "The foreign direct investment–economic growth nexus," International Review of Economics & Finance, Elsevier, vol. 42(C), pages 116-133.
    19. Jing Xing, 2011. "Does tax structure affect economic growth? Empirical evidence from OECD countries," Working Papers 1120, Oxford University Centre for Business Taxation.
    20. van de Klundert, T.C.M.J. & Smulders, J.A., 1991. "Reconstructing growth theory : A survey," Other publications TiSEM 19355c51-17eb-4d5d-aa66-b, Tilburg University, School of Economics and Management.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:ijsepp:v:38:y:2011:i:4:p:382-406. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.