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Sarrah Buot
Presentor
EDUCATION
(Public good)
Education
• Is one of the most important item in
government’s budget.
Why Does the Government Involved Itself
Extensively in Education?
Because it improves students’ welfare by
enhancing their ability to earn a living and
more generally, to deal with life.
Because schools can be powerful force for
socialization.
Because it gives voters background or
perspective on which to base their political
choices.
Public School
o a school that is maintained at public
expense for the education of the children
of a community or district and that
constitutes a part of a system of free
public education commonly including
primary and secondary.
New Direction for Public Education
(American Public School System)
Charter Schools
 public schools that operate under
government charters that hold them to
state standards but have freedom to
experiment and some interdependence in
making their spending and hiring
decisions.
2. Vouchers ( Voucher System)
The basic approach of this system is to
provide financial support to students rather
than directly to schools.
The Federal Education Budget (2014)
• The Federal Government provides $71.2
billion in discretionary funding for the
Department of Education.
Education Budget in the Philippines (2014)
P309.43 billion (US$6.84 billion)
o The fund includes P 44.6 billion for construction, repair,
and rehabilitation of school buildings nationwide.
 The DepEd this year plans to:
* build 43,183 new classrooms
* repair 9,502 existing ones
* create 1.59 million new classroom seats (in support
of the K-to-12 program)
* build 10 library centers (213 existing library centers
* produce 42 million more textbooks and workbooks
References:
http://www.futuregov.asia/articles/2014/feb/04/educa
tion-gets-big-share-philippines-budget/
http://www.tempo.com.ph/2014/02/department-of-
education-gets-biggest-share-of-2014-national-
budget/#.U6pBfnKSx6E
http://www.whitehouse.gov/sites/default/files/omb/b
udget/fy2014/assets/budget.pdf
Education as public goods (us vs. phil.)

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Education as public goods (us vs. phil.)