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Journals / Sosyoekonomi / 2026 / Cilt: 34 Sayı: 67

Financial Evolution of the Education Sector: An Analysis of the Sustainability of the Turkish Higher Education Sector

Eğitim Sektörünün Finansal Gelişimi: Türk Yükseköğretim Sektörünün Sürdürülebilirliğine İlişkin Bir Analiz

Mustafa Özyeşil(BEYKENT ÜNİVERSİTESİ)0000-0002-4442-7087
Havane Tembelo(İstanbul İl Sağlık Müdürlüğü, Eğitim ve Tescil Birimi)0000-0003-3394-4166
Pages
11–35
Publication Date
2026-01-31
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The study offers policymakers empirical insights into strategic investments in higher education.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study analyses the financial trajectory of higher education in Türkiye (2010-2022) and evaluates the influence of economic and financial factors on educational outcomes.
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Key Findings & Data:Using Instrumental Variables (IV) and Difference-in-Differences (DiD) techniques, it isolates exogenous shocks —such as oil price fluctuations and the 2018 financial crisis —to establish the causal effects of public spending.
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Conclusion & Impact:The study offers policymakers empirical insights into strategic investments in higher education.
🔬Design:Araştırma Makalesi
📍Scope:2010-2022 Verileri
⚙️Variables:Yükseköğretim Finansmanı · Kamu Harcamaları · Araç Değişkenler

Abstract

This study analyses the financial trajectory of higher education in Türkiye (2010-2022) and evaluates the influence of economic and financial factors on educational outcomes. Using Instrumental Variables (IV) and Difference-in-Differences (DiD) techniques, it isolates exogenous shocks —such as oil price fluctuations and the 2018 financial crisis —to establish the causal effects of public spending. The findings show that increased public expenditure as a share of GDP improves student enrolment, graduation rates, academic publications, and the presence of international students, whereas per capita GDP has no significant effect. The study offers policymakers empirical insights into strategic investments in higher education.

Özet

Bu çalışma, Türkiye’deki yükseköğretimin mali seyrini (2010-2022) inceleyerek ekonomik ve finansal faktörlerin eğitim çıktıları üzerindeki etkisini değerlendirir. Araştırmada, Enstrümantal Değişkenler (IV) ve Farkların Farkı (DiD) yöntemleri kullanılarak petrol fiyat dalgalanmaları ve 2018 finansal krizi gibi dışsal şoklar izole edilerek kamu harcamalarının nedensel etkileri analiz edilmiştir. Bulgular, GSYİH içindeki kamu harcamalarının artmasının öğrenci kaydı, mezuniyet oranları, akademik yayınlar ve yabancı öğrenci varlığını artırdığını gösterirken, kişi başına düşen GSYİH’nın bu göstergelerle anlamlı bir ilişkisi bulunmamıştır. Çalışma, yükseköğretime yönelik stratejik yatırımlar için politika yapıcılara ampirik kanıtlar sunmaktadır.

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Cite This Article

Özyeşil, M., Tembelo, H. (2026). Financial Evolution of the Education Sector: An Analysis of the Sustainability of the Turkish Higher Education Sector. Sosyoekonomi, Cilt: 34 Sayı: 67, 11–35. https://doi.org/10.17233/sosyoekonomi.2026.01.01

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