Using data from the latest 2017 Ghana Living Standards Survey Round Seven, this paper explores variables affecting household spending on education using the OLS model. The results showed that in the 12 months preceding the survey, household in the southern regions of Ghana increased their education spending on all the three types of the education…

The neo-classical "human capital theory" continues to be invoked as part of the rationale for educational expansion in the developing world. While the theory provides a route from educational inputs to economic outputs in terms of increased incomes and standards of living, the route is contingent and relies upon a number of key…