ABSTRACT

The Philippine economy is on an upward trajectory and expanded by 6% in 2014.1 Unemployment was falling in 2015. The population of the Philippines passed 100 million in 2014 and is expected to reach 150 million by the middle of the century, even as the fertility rate declines with increasing prosperity. The growth of the 20-24-year-old cohort will be higher than in Indonesia, Malaysia, Thailand, and Vietnam. This growth, rising incomes, and the expansion of the middle classes will no doubt keep demand for higher education at a high level in the Philippines in the decades to come.