Investment in human capital education under the digital economy

The authors consider the main trends in the dynamics and structure of education funding in the leading Western countries within the concept of cost sharing. The authors analyze the ratio of private and public expenditures on education, students' expenses for tuition, and the main forms of state support for students and their families. There has been conducted the analysis of demand for private education loans among the students and households. The paper compares the dynamics of funding and the number of students, which makes it possible to determine positive and negative trends in the development of higher education. The analysis has shown that in the period under review the differentiation of higher education systems into two groups (with growing and declining state funding) has increased. The analysis has also shown that the system of higher education financing in developed countries differs significantly. At present, investment in education is seen as the most important factor in increasing competitiveness, which leads to more sustainable economic growth.