Costs of education in India

Abstract

An attempt is made in this paper to present an empirical analysis of costs of education in India. Besides making his own fresh analysis in this paper, the author draws on the studies conducted and estimates made earlier by the author himself and by others on costs and related aspects of education in India, on the basis of which certain valuable inferences, conclusions and policy implications relating to a variety of dimensions of the problem are made, such as importance of costs in educational planning, the complementary role between private and institutional costs, the nature of production process in the educational system, regional variations in the costs of education, the relationship between cost of education and economic development, etc. The paper ends with a few major suggestions on the problem. © 1988.