villiers, Pierre De; Steyn, Gert - In: South African Journal of Economics 75 (2007) 1, pp. 136-154
Higher education displays characteristics of both private and public goods and there is a trend worldwide to expect individuals to pay more of the costs of their higher education. In South Africa public funding of higher education decreased from 0.86% of GDP in 1986 to only 0.66% in 2006; so that...