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date: 15 May 2021

Abstract and Keywords

The combination of high achievement in all measures of educational attainment with laggard levels of labor productivity is a peculiar legacy of post-Soviet Russia that has given the impetus for reform of its higher education system. The chapter analyzes the development of a mixed (two-track) system of higher education admission and financing in Russia whose unique feature is an extreme form of merit-based price discrimination and examines the implications of this system for the distribution and sustainability of educational attainment in Russia. International comparisons to alternative systems of higher education provision are discussed from the standpoints of accessibility and efficiency.

Keywords: Transition economy, access to higher education, public and private funding of education

Michael W. Kaganovich

Michael W. Kaganovich is a Professor and Chair in the Economics Department at Indiana University, Bloomington. His main research focus is on Growth Theory, particularly the models of human capital and education.

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