Importance of income in university investment. Province of Guayas-Ecuador

Abstract

In Ecuador, the number of students who have entered private universities has been increasing in recent decades due to the lack of places in Ecuadorian public universities. Due to this, the charges for university pensions in co-financed universities in the province of Guayas (ULVR, USCG and UPS) increased during the period 2014-2018. The objective of this study is to determine the relationship between income and expenses in Ecuadorian co-financed universities, based on the improvement of infrastructure and investment in technology and research. A documentary analysis was carried out based on the annual data on the sources of income and expenses of the universities during the period 2014-2021, and through the implementation of an econometric model of linear regression, the relationship between the dependent variable and the variables was found. independent variables. The study concluded that there is a positive and non-significant relationship between the income from tuition, pensions, rents, scholarships and others with the investment expense of the universities, having coefficients of 0.14%, 0.14%, 0.31%, 0.31% and 0.08% respectively. The relationship between income and spending in Ecuadorian universities reflects the need for effective and strategic financial management. Increased revenue provides opportunities to invest in key areas, while responsible and well-planned spending ensures the sustainability and long-term success of educational institutions.