Sixty Years of Financing Education in Jamaica.

EDUCATIONAL finance; FINANCE education; COST shifting; STUDENT loans; ECONOMICS education

Jamaica, in educating its populace, over the 60 years of its independence, had to address several issues as it seeks to settle on the underpinning guiding philosophies for this task. These issues include having the suitable economic base, gaining public acceptance of the expressed policy, and settling on the country's ideology of responsibility for educating the citizenry. This article describes the features of the policy enacted against the proposed guiding philosophies of the theoretical framework of the Nkrumah-Young (2005) Decision Path, the Johnson (2004) Cost Sharing Stages and the Marcucci and Johnstone (2007) Education Financing Ideology of Responsibility. It also addresses the role of the Students Loan Bureau in assisting tertiary students to cope with the funding challenges and recommends a path for the future. Emphasis is placed on the tertiary sector since most of the changes affected this sector. [ABSTRACT FROM AUTHOR]

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