This indicator measures the proportion of
total government spending on education that is allocated specifically to tertiary education, encompassing institutions such as universities and colleges. Expressed as a percentage, it reflects the priorities of local, regional, and central governments in shaping education policy and funding strategies. A higher percentage may indicate a strong commitment to higher education, potentially fostering workforce development and innovation. Conversely, a lower percentage could suggest an emphasis on primary or secondary education, possibly affecting access and quality in higher education settings. This metric offers valuable insights into educational investment patterns and their implications for economic growth and social mobility within a society.
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