Financing Universities In Developing Countries

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Overview

Inadequate public funding means that governments in developing countries are continually working to find ways of expansion to meet the growth demand for higher education.; This book considers the effectiveness of government funding methods in developing quality and efficiency in higher education systems in developing countries, and looks at policy measures taken to widen the funding base including raising tuition fees, student loan programmes, graduate taxes, industry-education links and national service programmes.; Taking information from around the world and drawing on successful practice in developed countries, this volume should be of interest to specialists and researchers in education economics and economic development, academics in general education and those involved in the finance and administration of higher education.

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Product Details

Table of Contents

Foreword
Authors' Preface
Ch. 1 Introduction: University Financing and the Role of the State 1
Overview of the Argument of the Book 1
University Funding: Historical Perspectives 5
Financial Flows to Universities 6
Ch. 2 The Financial Context and Policy Environment 20
The Financial Context 20
The Policy Environment 26
Ch. 3 Mobilizing Student Resources: Cost-Recovery 34
Equity, Capacity to Pay and Impact on Vulnerable Groups 35
Current Trends in Fees for Instruction and Living Costs 42
Policies to Mobilize Private Resources 50
Political Constraints and Moving Forward 60
Ch. 4 Delayed Payment Strategies 62
Existing Student Loan Programs 63
The Financial Impact 69
Improving Performance 76
Alternative Scenarios 81
Moving Forward 88
Ch. 5 The Potential for Revenue Diversification 91
Revenue Diversification Versus Cost-Recovery 91
The Scope for Revenue Diversification 92
Conditions for Promoting Increased Private Finance of Higher Education 100
Ch. 6 Funding Mechanisms and Government Transfers 104
Negotiated Budgets 111
The Role of Buffer Organizations 115
Input Funding 120
Output Funding 125
Student-Based Funding 128
Options for Reform 134
Ch. 7 Payment in Kind: The Role of National Service 141
Forms of Work-Study Arrangements 142
National Service Schemes: Cost-Benefit Framework 144
National Service Programs in Practice 145
Programs in Depth 150
Implementation Issues 153
Ch. 8 The Paths to Reform: A New Role for the State 156
The Substance of Reform 156
The Role of the State and Quality Assurance 158
Strategies of Reform 159
The Process of Reform 160
Appendix 1 Methodological Note on Calculating Subsidies on Mortgage-Type Loan Programs 162
Appendix 2 Checklist of Policy Options for Delayed Payments Schemes 164
Appendix 3 Higher Education Statistics, Selected Countries 168
References 173
Author Index 180
Subject Index 182
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