Question

In the developing countries, over the past decade, the rate of enrolment and investment in higher education has grown and the demand side pressures will result in expanding the domain further in the future. However, the degree to which different countries allow private investment varies considerably across the globe. During the last few years, countries like India, China and Saudi Arabia have been investing heavily in public higher education system, while simultaneously enhancing the role of private higher education. What is your take on the argument that private return to higher education and private growth of higher education are interrelated? There are many economic and social reasons behind the growth of private higher education.