At a Crossroads : Higher Education in Latin America and the Caribbean / Maria Marta Ferreyra.

Author
Marta Ferreyra, Maria [Browse]
Format
Book
Language
English
Published/​Created
Washington, D.C. : The World Bank, 2017.
Description
1 online resource (298 pages)

Details

Subject(s)
Author
Series
  • World Bank e-Library. [More in this series]
  • Directions in Development;Directions in Development - Human Development
Summary note
Higher education in Latin America and the Caribbean has expanded dramatically in the past 15 years, as the average gross enrollment rate has more than doubled, and many new institutions and programs have been opened. Although higher education access has become more equitable, and higher education supply has become more varied, many of the 'new' students in the system are, on average, less academically ready than are their more advantaged counterparts. Furthermore, only half of higher education students, on average, complete their degree, and labor market returns to higher education vary greatly across institutions and programs. Thus, higher education is at a crossroads today. Given the region's urgency to raise productivity in a low-growth, fiscally constrained environment, going past this crossroads requires the formation of skilled human capital fast and efficiently. 'At a Crossroads: Higher Education in Latin America and the Caribbean' contributes to the discussion by studying quality, variety, and equity of higher education in Latin America and the Caribbean. The book presents comprehensive evidence on the recent higher education expansion and evolution of higher education labor market returns. Using novel data and state-of-the-art methods, it studies demand and supply drivers of the recent expansion. It investigates the behavior of institutions and students and explores the unintended consequences of large-scale higher education policies. Framing the analysis are the singular characteristics of the higher education market and the market segmentation induced by the variety of students and institutions in the system. At this crossroads, a role emerges for incentives, information, accountability, and choice.
Bibliographic references
Includes bibliographical references at the end of each chapters.
Source of description
Description based on print version record.
Contents
  • Overview
  • Students, Institutions, and the Policy Maker
  • Some Stylized Facts
  • Lessons Learned
  • Some Policy Considerations
  • Structure of the Report
  • Notes
  • References
  • Introduction
  • Ch. 1. Rapid Expansion of Higher Education in the New Century / Ciro Avitabile
  • Abstract
  • Trends in the Share of Skilled Labor Force, Higher Education Enrollment, and Completion Rates
  • "New" Students in the Higher Education System
  • Spending in Higher Education
  • Private Returns to Higher Education in Latin America and the Caribbean
  • Social Returns and Costs of Higher Education
  • Intergenerational Spillover of Higher Education
  • Short Window of Opportunity
  • Annex 1A Higher Education Enrollment Expansion and GDP Growth
  • Annex 1B. Net Enrollment Rate, circa 2000 and 2013
  • Annex 1C. Cognitive and Noncognitive Skills, by Level of Education
  • Annex 1D. Role of Cognitive and Noncognitive Skills in the Higher Education Premium
  • Annex 1E. Wage Dispersion, by Education Level, circa 2014
  • Annex 1F. Trust, by Education Level
  • Annex 1G. Political Participation, by Education Level
  • Ch. 2. Equity, Quality, and Variety of Higher Education / Francisco Haimovich Paz
  • Equity
  • Quality
  • Variety
  • Annex 2A Decomposing Access Gaps to Education
  • Annex 2B. Measuring Inequality in Access to Higher Education with the Gini Coefficient
  • Annex 2C. Estimating the Redistributive Effect of Public Spending in Higher Education
  • Annex 2D. Change in Graduate Field Shares, Selected Latin American and Caribbean Countries, circa 2000-13
  • Ch. 3. Economic Impact of Higher Education / Sergio Urzúa
  • Economic Impact of Higher Education
  • Tuition and Opportunity Costs and the Impact of Higher Education on Lifetime Earnings
  • Implications for Financing Higher Education in Latin America
  • Conclusions
  • Annex 3A. Methodology
  • Annex 3B Mincer and Employment Regressions in Chile
  • Annex 3C. Missing Data Estimation
  • Ch. 4. Demand Side of the Higher Education Expansion / Maria Marta Ferreyra
  • Variety of Admission and Funding Mechanisms in the Region
  • Role of Recent Access-Expanding Policies
  • Increased Access for Whom, and to What?
  • Unintended Effects of Demand-Related Policy Interventions
  • Annex 4A Admission Mechanisms in Latin America and the Caribbean
  • Annex 4B. Student Funding Mechanisms in Latin America and the Caribbean
  • Annex 4C. Higher Education and Labor Market Statistics for the United States, Brazil, and Colombia
  • Ch. 5. Supply Side of the Higher Education Expansion / Maria Marta Ferreyra
  • Supply Expansion in the Region
  • Expansion Strategies and Student Sorting in Colombia
  • Expansion, "Business Stealing," and Ability Peer Effects in Chile
  • Students Loans and Supply Expansion in Chile
  • Annex 5A. Sources of Administrative Information about Number of HEIs, Programs and Enrollment
  • Annex 5B. HEIs in the University and Nonuniversity Sectors
  • Ch. 6. Current Landscape of Policies and Institutions for Higher Education / Javier Botero Alvarez
  • Vision for Higher Education
  • System Steering through Regulatory Framework and Special Financing Mechanisms
  • Governance of the Higher Education System and Its Institutions
  • Recent Reforms
  • Annex 6A. Participation in Survey among Higher Education Authorities, May and September 2015
  • Ch. 7. Going Forward
  • Back to the Drawing Board
  • Trade-Offs between Higher Education Access and Completion
  • Role of Incentives, Competition, Monitoring, and Information
  • Higher Education and the Larger Context
  • Note
  • References.
ISBN
1-4648-1015-X
OCLC
988175350
Other standard number
  • 10.1596/978-1-4648-1014-5
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