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CHAPTER , THE LONG-TERM OVERALL EDUCATIONAL PLANNING--FROM THE VIEWPOINT OF EDUCATIONAL INVESTMENT

The formulation of a national plan for education requires analysis of the basic factors which must be considered, with equal emphasis on immediateate needs and on the requirements of comprehensive long-term planning. It already has been urged that the factors to be considered in the planning must be viewed from the internal viewpoint of historical development and in the light of international implications. The factors will be determined in part by decisions involving interrelationships between the national socio-economic and educational objectives, e.g.; (1) the percentage of national income or total governmental costs that should be allotted to education; (2)the priorities of educational progress requisite to meet the most urgent socio-economic needs; and (3) distribution of the financial burden of educational support among the several levels of government and private sources in such manner as to assure nation-wide achievement of the national objectives without imbalance of financial burden.