Effect of Household Income and Expenditure on Tertiary School Enrolment in Nigeria

Autor/inn/en	Ihugba, O. A.; Obiukwu, S.; Akobundu, P. L.; Osunkwo, T.; Oyalede, O.; Okonkwo, K.
Titel	Effect of Household Income and Expenditure on Tertiary School Enrolment in Nigeria
Quelle	In: International Journal of Educational Administration and Policy Studies, 14 (2022) 2, S.87-98 (12 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
Schlagwörter	Foreign Countries; College Enrollment; Family Income; Expenditures; Expenditure per Student; Economic Factors; Living Standards; College Choice; Tuition; Educational Policy; Nigeria + Suchen Sie Ihr Suchwort? Ausland; Familieneinkommen; Ausgaben; Ökonomischer Faktor; Lebensstandard; Studienortwahl; Unterweisung; Unterricht; Politics of education; Bildungspolitik
Abstract	The bounds testing (augmented autoregressive distributed lag, ARDL) technique to cointegration was used in this study to investigate the effect of household income and expenditure on tertiary school enrolment in Nigeria from 1970 to 2020. The model was employed to estimate the relationship between these three variables while also accounting for interactions with total education expenditure. When the dependent variable is tertiary school enrollment, the bounds tests show that the variables of interest are bound together in the long run. Tertiary education is widely regarded in Nigeria as a path to higher-paying jobs and a better quality of life, so some interesting observations were made. It was discovered that there is a significant negative relationship between GDP per capita, which is a proxy for household income. The findings also show that a household's consumption expenditure provides tertiary education enrollment power; an increase in a household's consumption expenditure increases the tertiary education enrollment ratio. When the variables deviate from their equilibrium values, the speed of adjustment to equilibrium is 128% within a year. The study suggests that the government establish more tertiary institutions and improve the reputation of existing ones by adequately funding them. (As Provided).
Anmerkungen	Academic Journals. e-mail: IJEAPS@academicjournals.org; Web site: http://www.academicjournals.org/journal/IJEAPS
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01