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Tertiary Education in the Philippines : Individual Rationality and Social Myopia

Author

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  • Cayetano Paderanga, Jr.

    (School of Economics, University of the Philippines Diliman)

Abstract

This paper analyzes the phenomena of large volumes of college enrolment, educated unemployment and “job mismatch”. It reviews the structure of tertiary education in the Philippines, the investment behavior in schooling by individual households and the labor market in the Philippines. It concludes that the high rates of educated unemployment and job mismatch results from the expected response of household investment behaviour to the dualistic structure of the labor-market. The solution to the problems, therefore, are to be found in industrial rather than education policy.

Suggested Citation

  • Cayetano Paderanga, Jr., 1989. "Tertiary Education in the Philippines : Individual Rationality and Social Myopia," UP School of Economics Discussion Papers 198914, University of the Philippines School of Economics.
  • Handle: RePEc:phs:dpaper:198914
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    Cited by:

    1. Orbeta, Aniceto Jr. C., 2002. "Education, Labor Market, and Development: A Review of the Trends and Issues in the Philippines for the Past 25 Years," Discussion Papers DP 2002-19, Philippine Institute for Development Studies.

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