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Financing and Economics


World Bank Resources
Public expenditures in universities in Argentina (also available in Spanish)
Historically, the public university system in Argentina has been characterized by two salient features: free of charge and free access. However, despite public resources that supposedly allow such free access, a systematic equity in education has not been achieved: only one student from the lowest social quintile actually accesses higher education vs. eight students from the highest social quintile. This shows that a significant percentage of the poor population is practically excluded from ascending the income scale. The existence of " free access " does not solve existing restrictions within the selection process developed through primary and secondary education. Moreover, another factor aggravating this inequity is explained by the existence of private institutions, geographically concentrated in mostly developed areas, offering limited disciplines, which address mainly the needs of higher income populations. However, in the last decade, public expenditures for higher education increased far more than that for education in general, a fact that forced decreasing per student investments, in turn fostering lower quality of education, and further hampering support for educational reforms, demonstrated by the high rates in student dropouts. Despite a series of changes during the 1990s in educational accreditation, and evaluation of institutions and disciplines, as well as financing mechanisms that would channel increased resources, there has been no impact diminishing inequities significantly. Within this context, the study analyzes higher education financing, and public expenditures, describing in the first chapter the higher education general characteristics, and how these affect access to, and equity of education. Also reviewed is the budget at different government levels, as well as considerations on private universities. Chapter three discusses alternative methods for allocation of resources among universities, while chapter four analyzes the structure, and financial aspects of each institution.
   
The Financing and Management of Higher Education: A Status Report on Worldwide Reforms
by D. Bruce Johnstone with the collaboration of Alka Arora and William Experton.
The decade of the 90 ' s has seen a remarkably consistent worldwide reform agenda for the finance and management of universities and other institutions of higher education. What is remarkable about the consistency is that there are very similar patterns in countries with dissimilar political-economic systems and higher educational traditions, and at extremely dissimilar stages of industrial and technological development. This review is an attempt to assess the status of this worldwide reform agenda in the late 1990s, in anticipation of the first years of the next millennium. This financial and management reform agenda can be viewed in five themes: a) expansion and diversification; b) fiscal pressure; c) orientation to the market; d) accountability; and e) quality and efficiency.
 
Financing Higher Education in Africa: Makerere, the Quiet Revolution
by David Court. April 1999.
This report is one of a series that examines the state of higher education in a variety of countries in Africa at the end of the twentieth century. This one tells the dramatic story oh how Makerere University in Uganda has addressed the pervasive problem of how to provide quality education at the tertiary level without undue financial dependence upon the state. It describes the main reform measures adopted, assesses their impact, considers some of the reasons for the success of chosen measures, identifies remaining issues for attention and looks at the question of sustainability.
 
EdInvest
EdInvest, the education investment information facility, is a forum for individuals, corporations and other institutions interested in education in developing countries. A service of the World Bank Group, EdInvest provides information for making private investment possible on a global scale.
 

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External Resources
IESALC - Instituto Internacional para la Educación Superior en América Latina y el Caribe
  • Financiamiento de las Instituciones de Educación Superior en Bolivia / José Santa Cruz
  • Financiamiento de las Instituciones de Educación Superior en Brasil / Jacques Schwartzman
  • Estudio Regional sobre las Tendencias del Financiamiento de la Educación Superior en América Latina y el Caribe: El caso de Colombia (.PDF) / Francisco Rodríguez Oróstegui
  • Financiamiento de la Educación Superior en América Latina: El caso de Costa Rica (.PDF) / Carlos Conejo Fernández
  • Estudio sobre el Financiamiento de la Educación Superior en Cuba (.PDF) / Sinesio C. Santos Gutiérrez, Miriam I. Alpízar Santana y Mario León /
  • Discurso de clausura del Rector de la Universidad de La Habana / Dr. Juan Vela
  • Financiamiento de las Instituciones de Educación Superior en Guatemala / Oscar Guillermo Peláez Almengor
  • Financiamiento de las Instituciones de Educación Superior en Honduras / Marlon Hernández Muñoz
  • Financiamiento de las Instituciones de Educación Superior en México 1990-2002 / Axel Didridksson Takayanagui, Javier Fuentes Maya y Aurora Palma Cárdenas
  • Financiamiento de las Instituciones de Educación Superior en Nicaragua / Emilio Porta Pallais
  • Financiamiento de las Instituciones de Educación Superior en Panamá / Universidad de Panamá
  • Financiamiento de las Instituciones de Educación Superior en Paraguay / Julio Miguel Martín
  • Financiamiento de las Instituciones de Educación Superior en el Perú / José Raúl González de la Cuba
  • Financiamiento de las Instituciones de Educación Superior en República Dominicana / Susana Gámez Seoane
  • Deserción en la Educación Superior Pública en República Dominicana / Mayra Brea de Cabral
  • Educación Superior en Uruguay: Descripción y Financiamiento / Gabriel Oddone y Marcelo Perera
Higher or Basic Education? The Composition of Human Capital and Economic Development (PDF, 298KB)
by Rodney Ramcharan, Economist in the Research Department at the International Monetary Fund, 2004
 
National Council on Tertiary Education  (NCTE)
The NCTE seeks to promote a diversified, dynamic, high quality, cost effective teaching, research and skills development within a financially healthy tertiary education sector, having regard to national needs. It dedicates itself to the promotion of access, quality, relevance and equity in tertiary education delivery.
 
Innovation Funds for Universities
Prepared by Carlos Marquis, Director of the Fund for University Quality Improvement Argentina, September 2000.
 
Credit for the Poor But Meritorious in Bangladesh: Grameen Bank's Innovative Higher Education Loan Program
by Richard Hopper in International Educator, Volume IX, Number 2, Spring 2000
 
How Should American Higher Education be Financed in the Future?
Comments by Arthur Hauptman for the Monan Symposium on Higher Education at Boston College, March 31, 2000.
 
University Business Magazine
University Business Magazine covers many topic areas that relate to higher education business.
 
The International Comparative Higher Education Finance and Accessibility Project
The International Comparative Higher Education Finance and Accessibility Project is a three year, Ford Foundation-financed project to study the worldwide shift in the burden of higher education costs from governments and taxpayers to parents and students.
 
Plan Ahead Online magazine of the Society for College and University Planning
The Society for College and University Planning (SCUP), established in 1965, is focused on the promotion, advancement, and application of effective planning in higher education.
 
FinAid
Provides extensive annotated web links to student financial aid sources, information on grants, loans, tuition prepayment, aid for special groups, study abroad, and exchange programs, and a financial aid calculator.
  


Partnerships

SUNY Albany - Higher Education Boston College - Higher Education OECD

Center for Higher Education Policy Studies (CHEPS)


  

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