A FACTOR ANALYSIS OF HIGHER EDUCATION PERFORMANCE THROUGH POPULATION ECONOMIC WELL-BEING
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Keywords: human capital, economic growth, quality of education, investment, human resources potential, standard of livingAbstrak
Annotation. The article analyzes statistical data on annual applications to
bachelor’s programs from 2011-2022, higher education enrollment, population, total
income, and general education students. It compares traditional and new perspectives
on the education system and examines modern higher education reforms in the context
of increasing national economic competitiveness. The study highlights the key factors
shaping its development and assesses the population’s demand for higher education.
It also reflects on how the President has sparked interest in higher education
institutions.
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