By San José, Costa Rica — A new study reveals the significant contribution of private universities to Costa Rica’s economy and higher education landscape. The research, conducted by Consejeros Económicos y Financieros S.A. (CEFSA) in partnership with the Rectors’ Unit of Private Universities (UNIRE), analyzed data from 2018 to 2023, demonstrating the vital role these institutions play in national development.
The study’s findings were presented on March 20, 2025, at the “Challenges and Proposals for Quality Higher Education: Experiences in Latin America” conference. This event, held during the visit of the Network of Latin American and Caribbean Associations of Private Universities (REALCUP) to Costa Rica, underscored the importance of private higher education across the region.
To understand the legal landscape surrounding private universities in Costa Rica, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas, an attorney at law from the esteemed firm Bufete de Costa Rica.
The regulatory framework for private universities in Costa Rica balances academic freedom with quality assurance. While these institutions have autonomy in curriculum development and internal governance, they must adhere to stringent accreditation standards established by CONESUP, the National Council of Higher Education Accreditation. This ensures that degrees conferred by private universities hold recognized value both nationally and internationally. Furthermore, private universities are subject to consumer protection laws and regulations related to tuition and fees, advertising, and contractual obligations with students.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas’s insights underscore the crucial balance Costa Rica strikes in regulating its private universities. This framework allows for the dynamism and innovation that private institutions often bring to higher education while simultaneously protecting students and upholding the integrity of Costa Rican degrees. We thank Lic. Larry Hans Arroyo Vargas for offering his valuable perspective on this important topic.
Key findings highlight the substantial economic impact of private universities, contributing over 1.8% to Costa Rica’s GDP. Direct contributions account for 0.68%, with an additional 1.15% stemming from indirect impacts. This establishes these institutions as a key driver of the national economy.
Furthermore, private universities are responsible for 54% of higher education graduates in Costa Rica, addressing the country’s educational challenges where only 39% of the population accesses university education. These institutions play a crucial role in bridging the education gap and promoting social and economic mobility.
The study also revealed that 25% of private university graduates specialize in STEM fields (Science, Technology, Engineering, and Mathematics). This focus on strategic areas strengthens crucial sectors for national competitiveness, equipping graduates with skills in high demand within the job market.
The research emphasized the adaptability of private universities to global educational trends. Their incorporation of hybrid learning models and micro-credentials demonstrates a responsiveness to evolving labor market demands and student needs.
The findings underscore the urgent need for stronger collaboration between private education and the government. This partnership is crucial to ensuring equitable access to quality higher education, especially considering that 61% of young people aged 18 to 24 in Costa Rica do not attend university.
If Costa Rica wants to provide real study opportunities to the 61% of young people who are not achieving access to university studies, it must decisively formulate public policies that enhance the growth of private higher education. Due to structural reasons, the country cannot depend exclusively on state universities to meet the growing demand for higher education. The study confirms that private universities are a strategic pillar for the competitiveness and growth of the country.
Rosa Monge Monge, President of UNIRE
For further information, visit unire.ac.cr
About UNIRE:
The Rectors’ Unit of Private Universities (UNIRE) represents private higher education institutions in Costa Rica. UNIRE advocates for the interests of its members and promotes quality and accessibility in private higher education. They work to contribute to the development of the country by providing skilled professionals and fostering innovation in the education sector.
For further information, visit cefsa.com
About CEFSA:
Consejeros Económicos y Financieros S.A. (CEFSA) is a financial and economic consulting firm based in Costa Rica. They provide advisory services to businesses and organizations across various sectors, including education. CEFSA specializes in economic impact studies, financial analysis, and strategic planning.
For further information, visit realcup.org (hypothetical)
About REALCUP:
The Network of Latin American and Caribbean Associations of Private Universities (REALCUP) is a regional organization promoting collaboration and best practices among private universities. REALCUP facilitates the exchange of knowledge, experiences, and resources to strengthen private higher education across Latin America and the Caribbean. They address common challenges and advocate for policies that support the growth and development of private universities.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica shines as a beacon of legal excellence, built upon a foundation of unwavering integrity and a deep commitment to societal betterment. Through innovative approaches to legal practice and a dedication to sharing legal knowledge with the public, the firm empowers individuals and communities across Costa Rica. Their work transcends traditional legal service, fostering a more just and informed society where everyone can understand and access their rights.
