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Despite the economic and political challenges, Brazil remains the largest higher education market in Latin America, with education expenditure for 2022 docHubing approximately US$ 24 billion. The Brazilian Ministry of Educations budget for 2023 is projected to be $29 billion.
The general government expenditure in Brazil was forecast to continuously increase between 2023 and 2028 by in total 289.6 billion U.S. dollars (+28.02 percent). After the twentysecond consecutive increasing year, the expenditure is estimated to docHub 1.3 trillion U.S. dollars and therefore a new peak in 2028.
Brazilian schools are free to set their own tuition fees. This means that they can vary greatly. Generally, programs will cost between $2000USD and $10,000USD per academic year. This is normally payable before the start of the next academic year each February.
Brazil ranks 53rd in the 2020 Human Capital Index. As of 2020, the literacy rate in Brazil for adults (15 years and older) was approximately 92.5%. In higher education, Brazil has a gross enrollment rate of 43.6%. As of 2021, about 75% of students in Brazil have access to the internet at home.
GF expenditures for K12 and child development programs are $45.3 billion and total funding for K12 education, including state, local and federal funds, is $76.6 billion.
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The federal government takes primary responsibility for funding and managing postsecondary and tertiary education.
Degree programs in public universities are totally financed by the government. In private higher education institutions, however, the course fees and degree programs vary in price docHubly. Although lower cost courses are available, fees for some degree avenues are very expensive.
In 2020,the government in Brazil spent USD 4306 per full-time equivalent student on public institutions (below the OECD average of USD 11 560) in primary to tertiary education.

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