Higher Education Financing in India: Student Loans and Equity in Access

This book examines the issues of access to and financing of higher education in India, highlighting the challenges faced by aspiring students due to the rapid privatization of the education sector and educational policies that favor marketization. It explores alternative and innovative methods of financing, such as educational loans, and how these impact students from deprived/disadvantaged sections of society who are unable to access courses and institutions of their choice.

Format: Paperback / softback
Length: 142 pages
Publication date: 29 January 2024
Publisher: Taylor & Francis Ltd

The demand for higher education, particularly skill-based advanced learning, has surged in the neo-liberal era of globalisation, creating an unprecedented need for access and financing. However, the government's inability to meet the demand for public education, the massification of higher education, and the rapid privatisation of the education sector have raised concerns over financing education and ensuring equitable access.

This comprehensive volume delves into the challenges faced by aspiring students as the cost of higher education continues to rise, with educational policies increasingly favoring marketisation. It sheds light on alternative and innovative methods of financing, with a particular focus on educational loans, to explore how inequities and inequalities impact access to these loans in countries like India. The book examines how this affects students from deprived or disadvantaged sections of society who are unable to access courses and institutions of their choice, leaving them unsuitable for integration into the evolving market economy.

An insightful examination of the economics of education in India, this book is invaluable for scholars and researchers in education, higher education, public policy, sociology, development studies, political science, and governance. It also serves as a valuable resource for policy-makers seeking to address the challenges of financing education and promoting equitable access.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032269696