Full Description
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
Contents
Introduction Donald E. Heller
Section I: Cross-National Issues in Student Financing of Higher Education
The Politics of Student Funding Policies from a Comparative Perspective Pamela Marcucci
Student Loan Schemes in Practice: A Global Perspective Adrian Ziderman
The Teachings of Student Debt Jeffrey J. Williams
Information Constraints and Financial Aid Policy Judith Scott-Clayton
Paying for For-Profit Higher Education: Implications of the United States Case
Kevin Kinser
The Funding of Part-time Undergraduates Students Claire Callender
"Global Graduates," Student Mobility and the Funding of Higher Education
Rachel Brooks and Johanna Waters
Section II: Country and Regional Studies
Student Financing in the Developing World: Sub-Saharan Africa Pundy Pillay
Student Finance in Asia: Privatization Amid Decisive Inter-sectoral Difference
Daniel C. Levy and Prachayani Praphamontripong Kanwar
Student Financing in Chinese Higher Education Po Yang and Baoyan Cheng
Institutional Contributions to Financing Students: Trends in General Subsidies, 1987-2007
Barrett J. Taylor and Christopher C. Morphew
Conclusion Claire Callender and Donald E. Heller
