The Expenditures on Higher Education in Times of Crisis. Analysis of the Behavior of the Family Investment According to Social Class in the European Union

Abstract

This paper begins with the observation of secondary data on investment and education in the context of the European Union member states and in the period of the years considered part of the economic crisis. The analysis provides evidence of the change in the purchasing power in the countries of the European Union on levels of expenditure in education, both public and private and, more specifically, on the behavior of private expenditure in tertiary education in order to examine if there is an educational class strategy to the economic crisis. This also leads us to point out some considerations on policies in education in terms of social equity.