11 - Investeren in onderwijs: een collectieve kwestie?

Wetenschappelijke publicatie
Publicatiedatum 1 oktober 2003

The educational attainment of the Dutch labour force is lower than in neighbouring countries. Despite this worrying picture, and the fact that financial resources devoted to education are relatively small, it is argued that increasing public expenditure is not the obvious answer. As the social rate of return of education seems to be approximately equal to the private rate of return, external effects cannot be called upon to justify a general increase in public expenditure. Instead, the low private share in the funding of education could be increased in the Netherlands. In addition, the high number of drop-outs and the persistently low interest in science-related subjects require ongoing attention. Keywords: Expenditure on education, Return on education JEL classification: E62, H52, I20