Higher Education Finance between Ghana and the United States

Teachers College, Columbia University. International and Transcultural Studies, P.O. Box 211, 525 West 120th Street, New York, NY 10027. e-mail: [email protected]; Web site: http://www.tc.columbia.edu/cice

Y

19

Comparative Education; Neoliberalism; College Attendance; Higher Education; Educational Finance; Costs; Educational Objectives; Enrollment Trends; Expenditures; Cross Cultural Studies; Access to Education; Student Financial Aid; Low Income Groups; Socioeconomic Status; Foreign Countries

Ghana; United States

1523-1615

Over the years, there has been a tremendous increase in enrollment in higher education as well as the cost of attendance. This article comparatively analyzes the higher education finance between the United States of America (U.S.A.) and Ghana, taking into consideration the goals of higher education, enrollment and expenditure, and the various sources of finance available to students in both countries. The source of education finance between both countries is examined through the lens of neoliberalism, which prioritizes capitalism, free trade, and market in public institutions, specifically higher education. While there are disparities in the financing of higher education in both countries, there is a similarity in the limited access to higher education and funding by students from low socioeconomic backgrounds.

As Provided

2021

EJ1301663