The Demand for Higher Education in Belgium
Economics of Education Review Volume 17, Number 2 ISSN 0272-7757 Publisher: Elsevier Ltd
This paper investigates the determinants behind the spectacular growth in higher education enrollments in Belgium since 1953. The Belgian education system offers an interesting case as enrollments are solely demand driven and have so far not been subject to any supply constraints. We use a higher education demand model that integrates consumption and investment aspects and empirically test the specification based on time-series data between 1953 and 1992. We investigate whether differences exist between the demand for university and non-university higher education. Overall, income and foregone earnings seem to be driving enrollments, thus suggesting the importance of consumption aspects or imperfect access to capital. We find that income, opportunity costs and the wage differential matter more for participation at non-university higher education institutes than for enrolling in universities.
Duchesne, I. & Nonneman, W. The Demand for Higher Education in Belgium. Economics of Education Review, 17(2), 211-218. Elsevier Ltd.