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UNVEILING EDUCATIONAL INVESTMENT PATTERNS: UNDERSTANDING FACTORS INFLUENCING FAMILY EXPENDITURE IN INDIA
4
Department of Social Studies, The PNG University of Technology, New Delhi, India
Abstract
"Unveiling Educational Investment Patterns: Understanding Factors Influencing Family Expenditure in India" investigates the complex dynamics shaping family expenditure on education in the Indian context. This study explores the multifaceted factors influencing educational investment decisions, including socio-economic status, parental education level, household size, regional disparities, and access to educational infrastructure. Using a combination of quantitative analysis and qualitative insights, the research provides a nuanced understanding of the determinants driving variations in educational spending across different demographic groups and geographical regions in India. By unraveling these factors, policymakers and stakeholders can formulate targeted interventions to enhance educational access and affordability, thereby fostering equitable opportunities for all segments of society.
Keywords
Education expenditure,
Family investment,
Socio-economic factors
References
Desai, S., & Kulkarni, V. (2008). Changing educational inequalities in India in the context of affirmative action. Demography, 45(2), 245-270.
Government of India. (2020). Economic Survey 2019-2020. Ministry of Finance, Department of Economic Affairs. Retrieved from: https://www.indiabudget.gov.in/economicsurvey/doc/echapter.pdf
Muralidharan, K., & Sundararaman, V. (2011). Teacher performance pay: Experimental evidence from India. Journal of Political Economy, 119(1), 39-77.
NSSO. (2017). Key Indicators of Social Consumption in India: Education. National Sample Survey Office, Ministry of Statistics and Programme Implementation, Government of India.
Patrinos, H. A., & Psacharopoulos, G. (2018). Returns to investment in education: A decennial review of the global literature. Education Economics, 26(5), 445-458.
Ramachandran, V. K., & Shah, M. (2014). Is India's economic growth leaving the poor behind? Journal of Asian Economics, 31, 30-40.
UNESCO Institute for Statistics. (2021). Global Education Monitoring Report 2021: Inclusion and education: All means all. UNESCO Publishing.
Vyas, S., & Kumaranayake, L. (2006). Constructing socio-economic status indices: How to use principal components analysis. Health Policy and Planning, 21(6), 459-468.
How to Cite
UNVEILING EDUCATIONAL INVESTMENT PATTERNS: UNDERSTANDING FACTORS INFLUENCING FAMILY EXPENDITURE IN INDIA. (2024). Global Journal of Humanities and Social Sciences, 3(04), 08-11. https://doi.org/10.55640/
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