Tuition in the economy of education
Introduction. The question of obtaining higher education is highly relevant all over the world today, particularly in Ukraine. The modern system of financing higher education has big and complex problems and remains one of the most important and least settled issues of our country. The opportunity to obtain high-quality education in a prestigious higher educational institution often depends not only on the level of knowledge and readiness of the young person, but also on his/her ability to pay for the education. Thus, the lack of research on the relationship between the cost of higher education as a factor affecting the educational economy, deserves particular attention regarding the influence on the socio-economic status of the nation, and makes the selected topic significantly relevant. The purpose of the paper is to investigate the impact of the cost of higher education on the economy of the state and justify the need to consider this issue from the point of view of the education economy. Results. The article presents the scientific views on the interpretation of the concept of education economy. The theoretical and methodological foundations of the educational economy are characterized. The article also defines the problems of financing higher education from the state budget as it remains one of the most important and complex issues which are not sufficiently settled in our country. There is a review of the functions of education, which aim is to provide a higher level of income and increase the level of well-being of the individual. It is shown that accessibility to higher education for the population has an impact on the distribution of income in society, leads to increased productivity, which is resulted in the growth of individual employee’s income and in increased productivity in the national economy and rises the total income of society. Conclusion. Due to the fact that the main priority of the state in the part of the education economy is to increase its level, higher education should be used as a tool of state socio-economic policy for the development of this sector and support of talented young people. Knowledge generated in higher education is the most important and inexhaustible resource for a science-based economy. In today's context, education needs to be guided by the demands of the labor market, since the education market is an integral part of this market, because it generates a demand for employees of the required specialties.