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September 2, 2022
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Cost of higher education rose 6.41% in the first half of 2022

Cost of higher education rose 6.41% in the first half of 2022

In terms of education, the National Administrative Department of Statistics (Dane) published the results of the Higher Education Cost Index (Ices) of the first half of 2022.

(The facts that have helped the labor market improve in the country).

According to the data provided, in the first semester of 2022 the variation was 6.41%higher by 5.16 percentage points than that registered in the second half of 2021, when there was a variation of 1.25%.

According to information from the entity, the behavior of these variations in recent years was volatile between growth and decreases.

(Subsidies that would end in December due to lack of money in the PGN).

For 2018, the rate presented in the first semester was 4.14%, however, for the same period of the following year (2019), it decreased reaching 2.16%.

Similarly, the results for 2020 had an increase reaching 3.43% in the first half, unlike 2021, in which the rate fell to 1.18%.

The cost group with the greatest variation was that of personnel expenses, which registered a difference of 6.43%which, according to the Dane, was 5.32 percentage points higher than the rate observed in the second half of 2021, which was 1.11%.

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In the case of the six-monthly variation by type of institution, Universities with 6.65% were the only ones that presented a change higher than the national averagewhich was 6.41%.

Meanwhile, in the case of Technological Institutions, these reached 6.38%, University Institutions 5.26% and Technical Institutions 5.02%. The three presented variations lower than the average.

The classes of costs that contributed the most to the semester variation were managerial and professional level (9.27%) and professors other than teaching hours (5.72%).

Diana K. Rodriguez T.

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