Brazil Ranks Last in University Spending, Says OECD

Despite spending below average, data shows that the percentage of GDP assigned to education in Brazil is equivalent to the rates of rich countries in the group.

By Richard Mann, Contributing Reporter

RIO DE JANEIRO, BRAZIL - A survey conducted by the OECD (Organization for Economic Cooperation and Development) on spending in university education around the world reveals that Brazil is the last among the 39 assessed economies.

The study included countries that are part of the organization, as well as Argentina, Colombia, Costa Rica, Russia, India, Indonesia, and South Africa.

According to the data, private and public spending on each university student in Brazil is equivalent to US$3,720 per year.

In absolute terms, this is the lowest of the 39 economies examined. The data refers . . .

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