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Financing Higher Education Worldwide Who Pays? Who Should Pay?

ISBN-10: 0801894581
ISBN-13: 9780801894589
Edition: 2010
List price: $33.00
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Description: No issue in higher education is as salient, or as controversial, as finance. As demand for higher education around the world grows, so do the costs associated with it, especially as governments shoulder less of the burden. Tuition fees rise and  More...

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Book details

List price: $33.00
Copyright year: 2010
Publisher: Johns Hopkins University Press
Publication date: 5/6/2010
Binding: Paperback
Pages: 336
Size: 6.00" wide x 9.25" long x 0.75" tall
Weight: 1.034
Language: English

No issue in higher education is as salient, or as controversial, as finance. As demand for higher education around the world grows, so do the costs associated with it, especially as governments shoulder less of the burden. Tuition fees rise and student loan debt grows. Who pays for these surging costs? Who should pay?D. Bruce Johnstone and Pamela N. Marcucci examine the universal phenomenon of cost-sharing in higher education -- where financial responsibility shifts from governments and taxpayers to students and families. They find that growing costs for education far outpace public revenue streams that once supported it. Even with financial aid and scholarships defraying some of these costs, students are responsible for a greater share of the cost of higher education.Featuring comprehensive economic and policy data, the authors' international comparative approach shows how economically diverse countries all face similar cost-sharing challenges.So, who should pay for higher education? While cost-sharing is both politically and ideologically debated, Johnstone and Marcucci contend that, for almost all countries, it is imperative for the financial health of colleges and universities, bringing better efficiency, equity, and responsiveness.Financing Higher Education Worldwide combines sophisticated economic explanations with sensitive political and cultural analysis of the financial pressures facing higher education throughout the world.

D. Bruce Johnstone is Distinguished Service Professor of Higher and Comparative Education at the State University of New York at Buffalo. He is director of the International Comparative Higher Education Finance and Accessibility Project. Dr. Johnstone has held posts of vice president for administration at the University of Pennsylvania, president of the State University College of Buffalo, and chancellor of the State University of New York system.

Preface
Introduction
Diverging Trajectories of Higher Education's Costs and Public Revenues Worldwide
Financial Austerity and Solutions on the Cost Side
The Perspective and Policy of Cost-Sharing
Parental Contributions, Means-Testing, and Financial Assistance
The Spread of Tuition Fees
Student Loan Schemes in Purpose, Form, and Consequence
Student Loan Schemes in Practice
Cost-Sharing, Financial Assistance, and Student Behavior
Cost-Sharing in Practice Worldwide
Cost-Sharing and the Future of International Higher Educational Finance
Appendix: Selected Country Examples of Cost-Sharing
Selected Bibliography
Index

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