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Higher Education Financing in India - Student Loans and Equity in Access (Hardcover)
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Higher Education Financing in India - Student Loans and Equity in Access (Hardcover)
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This book critically examines the questions related to the access
to and financing of higher education in India. The rapid expansion
of knowledge economy in the neo-liberal era of globalisation has
created an unprecedented demand for higher education, especially
skill-based advanced learning. However, the inability of the
government to meet the demand for public education, the
massification of the higher education and the rapid privatisation
of the education sector have now created concerns over financing
education and ensuring its equitable access. The volume discusses
the challenges faced by aspiring students to meet the rising cost
of higher education, as educational policies increasingly favour
marketisation of higher education. It sheds light on several
alternative and innovative methods of financing, with a focus on
educational loans, to highlight how inequities and inequalities
affect access to educational loans in countries like India. The
book thus explores how this impacts students from the
deprived/disadvantaged sections of the society who are unable to
access courses and institutions of their choice, and therefore
remain unsuitable to get absorbed in the evolving market economy.
An incisive read on the economics of education in India, this book
will be useful for scholars and researchers of education, higher
education, public policy, sociology, development studies, political
science and governance, as well as for the policy-makers.
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