Education, as one of the forms of human capital investment, especially in developing countries, is considered an important way for families to get rid of generational poverty. The contradictory “poverty caused by education” is an education problem in the new era. It is a social phenomenon in which family members (children) receive education and cause family economic poverty. Based on the connotation of “poverty caused by education,” this paper analyzed its formation mechanism from the three levels of society, family, and school and tried to give some suggestions to reduce the risk of “poverty caused by education effectively.”
Constraints to human capital investment in developing countries : using the Asian financial crisis in Indonesia as a natural experiment
