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Positive and negative impact of increased tertiary attainment

Author

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  • Alena Bušíková

    (School of Management, Panónska cesta 17, 85104 Bratislava, Slovakia)

Abstract

The theory of human capital clearly states that the investments into the education bring many benefits and are worth the cost. The OECD Education at a Glance analysis provides support for both public and private investing in tertiary education as the net present value is positive for all observed countries. Considering the benefits of education, a growth in tertiary education should be viewed very positively. In this context, the European Strategy Europe 2020 set up one of its main goals for EU27 countries as follows: To increase the educated population so that it reaches 40% (tertiary educated people aged 30-34). This article, on an example of Slovakia, provides an analysis of both positive and negative impact of increased tertiary attainment.

Suggested Citation

  • Alena Bušíková, 2013. "Positive and negative impact of increased tertiary attainment," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 6(1), pages 41-57, April.
    • Handle: RePEc:tei:journl:v:6:y:2013:i:1:p:41-57
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    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Giuseppe Folloni & Giorgio Vittadini, 2010. "Human Capital Measurement: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 24(2), pages 248-279, April.
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    More about this item

    Keywords

    higher education; Slovakia; Europe 2020;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I29 - Health, Education, and Welfare - - Education - - - Other

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