Student Financing of Higher Education

Student Financing of Higher Education
Author: Donald Heller
Publisher: Routledge
Total Pages: 289
Release: 2013-06-07
Genre: Education
ISBN: 1135069468

The financing of higher education is undergoing great change in many countries around the world. In recent years many countries are moving from a system where the costs of funding higher education are shouldered primarily by taxpayers, through government subsidies, to one where students pay a larger share of the costs. There are a number of factors driving these trends, including: A push for massification of higher education, in the recognition that additional revenue streams are required above and beyond those funds available from governments in order to achieve higher participation rates Macroeconomic factors, which lead to constraints on overall government revenues Political factors, which manifest in demands for funding of over services, thus restricting the funding available for higher (tertiary) education A concern that the returns to higher education accrue primarily to the individual, rather than to society, and thus students should bear more of the burden of paying for it This volume will help to contribute to an understanding of how these trends occur in various countries and regions around the world, and the impact they have on higher education institutions, students, and society as a whole. With contributions for the UK, USA, South Africa and China this vital new book gives a truly global picture of the rapidly changing situation

Financing Higher Education and Economic Development in East Asia

Financing Higher Education and Economic Development in East Asia
Author: Shiro Armstrong
Publisher: ANU E Press
Total Pages: 290
Release: 2011-11-01
Genre: Education
ISBN: 1921666633

This volume addresses important issues to do with access to higher education and different models of its financing in the East Asia region. It is enriched by diverse perspectives from vastly different starting points and by the historical and institutional settings in the region. The issues are set out in the context of the value of higher education in economic development and how it contributes to the capacities to adopt and adapt to new technologies and undertake institutional innovation. The established and well-functioning higher education loan and financing systems, such as those in Australia, and the experience of different systems tried - both in East Asia and in the United States - are brought to bear in this volume.

Education in Thailand

Education in Thailand
Author: Gerald W. Fry
Publisher: Springer
Total Pages: 790
Release: 2018-11-01
Genre: Education
ISBN: 9811078572

This interdisciplinary book offers a critical analysis of Thai education and its evolution, providing diverse perspectives and theoretical frameworks. In the past five decades Thailand has seen impressive economic success and it is now a middle-income country that provides development assistance to poorer countries. However, educational and social development have lagged considerably behind itsglobally recognized economic success. This comprehensive book covers each level of education, such as higher and vocational/technical education, and such topics as internationalization, inequalities and disparities, alternative education, non-formal and informal education, multilingual education, educational policy and planning, and educational assessment. The 25 Thai and 8 international contributors to the volume include well-known academics and practitioners. Thai education involves numerous paradoxes, which are identified and explained. While Thailand has impressively expanded its educational system quantitatively with much massification, quality problems persist at all levels. As such, the final policy-oriented summary chapter suggests strategies to enable Thailand to escape “the middle income trap” and enhance the quality of its education to ensure its long-term developmental success.

Financing Higher Education

Financing Higher Education
Author: D. Bruce Johnstone
Publisher: BRILL
Total Pages: 312
Release: 2006-01-01
Genre: Education
ISBN: 9087900937

The underlying theory of cost-sharing as well as the description of its worldwide reach were developed from 1986 through 2006 mainly by the works of Johnstone and his Ford Foundation financed International Higher Education Finance and Accessibility Project at the State University of New York at Buffalo. The principal papers from this project are reproduced in this volume. They examine the worldwide shift in the burden of higher education costs from governments and taxpayers to parents and students, and the policies of grants, loans and other governmental interventions designed to maintain higher educational accessibility in the face of this shift.

Indentured Students

Indentured Students
Author: Elizabeth Tandy Shermer
Publisher: Harvard University Press
Total Pages: 401
Release: 2021-08-03
Genre: Education
ISBN: 0674251482

The untold history of how AmericaÕs student-loan program turned the pursuit of higher education into a pathway to poverty. It didnÕt always take thirty years to pay off the cost of a bachelorÕs degree. Elizabeth Tandy Shermer untangles the history that brought us here and discovers that the story of skyrocketing college debt is not merely one of good intentions gone wrong. In fact, the federal student loan program was never supposed to make college affordable. The earliest federal proposals for college affordability sought to replace tuition with taxpayer funding of institutions. But Southern whites feared that lower costs would undermine segregation, Catholic colleges objected to state support of secular institutions, professors worried that federal dollars would come with regulations hindering academic freedom, and elite-university presidents recoiled at the idea of mass higher education. Cold War congressional fights eventually made access more important than affordability. Rather than freeing colleges from their dependence on tuition, the government created a loan instrument that made college accessible in the short term but even costlier in the long term by charging an interest penalty only to needy students. In the mid-1960s, as bankers wavered over the prospect of uncollected debt, Congress backstopped the loans, provoking runaway inflation in college tuition and resulting in immense lender profits. Today 45 million Americans owe more than $1.5 trillion in college debt, with the burdens falling disproportionately on borrowers of color, particularly women. Reformers, meanwhile, have been frustrated by colleges and lenders too rich and powerful to contain. Indentured Students makes clear that these are not unforeseen consequences. The federal student loan system is working as designed.

Financing Higher Education in a Global Market

Financing Higher Education in a Global Market
Author: Mark Kretovics
Publisher: Algora Publishing
Total Pages: 690
Release: 2005
Genre: Education
ISBN: 0875863183

From Austria to India, university administrators and public policy makers are grappling with the high costs of higher education. Comparing the models by which higher education is funded in the United States and seven other countries, developed and developing, the chapters of this textbook help identify effective financial strategies to meet fast-evolving demands. How can each nation and each institution achieve the right balance between quality and quantity, access and equity, need-based and merit-based aid, government funding and private endowments? In these nine chapters, case studies discuss the different approaches being taken and the varying results produced. This handbook on the finance of higher education is essential reading for college administrators, policy-makers and graduate programs in higher education administration.

Higher Education and Equality of Opportunity

Higher Education and Equality of Opportunity
Author: Fred A. Lazin
Publisher: Lexington Books
Total Pages: 368
Release: 2012-07-10
Genre: Political Science
ISBN: 0739146718

The movement to broaden access to public universities, the dominant strategy during the 1970s and 1980s, has largely shifted to enable the marketplace, rather than the government, to shape the contours of higher education. Government funding is being reduced, affirmative action and other programs designed to insure broader access are in decline and personal fulfillment is replacing a public good designed to insure greater equality of opportunities. This book explores the impact of diminishing government resources and expanding market forces in developing and developed countries to either foster or lessen equality of opportunities in higher education for different racial, ethnic, religious and gender groupings. What are the consequences of a market-driven higher education for student access, teaching and scholarship? Through case studies, this book explores issues such as access of minority groups within the larger societies, the place of foreign students in a national system, and access for students with mental health difficulties, and evaluates the success of funding schemes designed to expand opportunities and access. The research provides an interesting contrast of the diversity and uniqueness of higher education in the United States, France, Australia, India, Israel, South Korea, The Netherlands, Ghana and several other countries, while at the same time revealing surprising commonalities. These studies reveal world-wide trends in higher education including a cutback in government financing, a decline in access, and a receding of affirmative action. This book is an important addition to the literature on higher education during the age of globalization and the decline of government funding of higher education. The studies provide important data about the current situation in higher education in countries around the world.