| Author(s): | Schuetze, H |
| Title: | Financing lifelong learning: Potential of and problems with individual learning accounts in three countries |
| Source: | http://www.ncspe.org/publications_files/OP107.pdf |
| Date: | 2005 |
| Organization: | National Center for the Study of Privatization in Education |
| Short Description: | Difficulties in estimating the approximate cost of lifelong learning, the principles by which these costs are to be distributed among various stakeholders, and the problem of translating these principles into viable financing schemes, pose considerable challenges to countries and policymakers. This paper concentrates on the financing issue, along with a brief discussion of what type and magnitude of cost needs to be financed. |
| Annotation: | Lifelong learning is widely considered to be an appropriate skill formation strategy for the new economy. Increased interest in lifelong learning combined with pressure from the industry sector have caused policy makers
to look for ways to implement and finance such a strategy. However, difficulties in estimating the approximate cost of lifelong learning, the principles by which these costs are to be distributed among various stakeholders, and the problem of translating these principles into viable financing schemes, pose considerable challenges. This paper concentrates on the financing issue, along with a brief discussion of what type and magnitude of cost needs to be financed. |
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