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<https://discovery.ucl.ac.uk/id/eprint/10006644> <http://purl.org/dc/terms/title> "'Undergraduates' expectations of economic and other benefits of higher education : a case study of Hong Kong"^^<http://www.w3.org/2001/XMLSchema#string> .
<https://discovery.ucl.ac.uk/id/eprint/10006644> <http://purl.org/ontology/bibo/abstract> "Hong Kong started a major expansion of its higher education\nsystem in 1989. By 1996, in less than a decade, the student enrolment\nrate had reached 18% of the relevant age group. Was there a\njustification for further expansion?\nThis thesis investigates the issue of the demand for higher\neducation from the perspective of the students during the 1 990s, a\nperiod of drastic political change and difficult economic conditions. It\nwas an interesting time to explore students' perceptions of economic\nand other benefits of university education. The assumption was that if\nstudents possess positive views of returns from higher education, even\nin critical periods, their motive for investing in higher education is at\nleast partly instrumental.\nThe findings of the study reveal that students were realistic and\ninformed about the future graduate labour market. They were aware of\nthe financial hardships incurred from the increase in their own share of\nthe cost of higher education, the intensifying competition in the future\ngraduate labour market resulting from education expansion, the\npossible impact the political changes and the economic downturn after\n1997 might have on their future career conditions. Many foresaw and\nwere ready to accept diminishing immediate economic returns upon\ngraduation. Yet most of them still maintained a positive view of long\nterm earnings and career development. Most of them understood that\ntheir investment in higher education was a prerequisite for a better\nfuture both in economic terms and in terms of life long personal\ndevelopment. All in all, the findings of this study provide evidence to\nsupport the instrumentalists' idea, not to exclude the academicians'\nthough, an individual perceives participating in higher education as\nmaking investment for his/her future pecuniary returns and/or other\nbenefits."^^<http://www.w3.org/2001/XMLSchema#string> .
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