The United States cannot meet its higher education goals without changing the way it funds public colleges and universities. Current funding models do not sufficiently advance fully scaled improvements. Instead, today's models create unfunded mandates: Colleges are required to increase completion rates, but they do not receive essential funding…

This paper analyzes the incentives induced by a formula to fund universities based primarily on enrolment. Using a simple game theoretical framework, we argue that the strategic behaviour induced by those formulas is to favour enrollment. We further argue that if the funding value differs by enrolment type, it introduces incentives to substitute…

Financing of higher education in Tanzania is considered a crucial factor in realizing the country's development vision. It is for these reasons that Tanzania has been financing its higher education since its inception. Diminishing resource capacity and competing interests for government finance plunged the higher education into financial doldrums.…

Resource allocation and funding in higher education is crucial to the success of reform and transformation of our higher education system. With a view to identifying trends and best practices in the area, utilizing a method of systematic literature review, we have critically reviewed relevant theories and practices from developed counties that are…

Trends 2018 examines how learning and teaching at European higher education institutions evolves in the context of changing demands, technological and societal development, and European- and national-level policies and reforms. This EUA flagship report gathers data from more than 300 higher education institutions in 42 European countries. With…

The challenge of funding a high quality higher education system, ensuring it has the capacity to help meet the increasing demand for high level skills in our economy and the aspirations of our students, has been an ongoing concern for successive Australian governments over many years. This paper reviews the findings and recommendations of…

Although innovation policy usually follows the business cycle, it is both desirable and possible to reverse this trend. Perhaps the most telling commentary on contemporary Europe is the silence that met the presentation, at the recent European Parliament Innovation Conference, of the Chinese R&D spending curve passing the European Union curve…

Over the past several years, public higher education, both in the U.S. and internationally, has increasingly been required to explain, defend, and validate its performance and value to a wide variety of constituents, including governors, legislators, students, parents, employers, and taxpayers. In addition, in 2006, then U.S. Secretary of…

In 2012 the Conservative-Liberal Democrat Government introduced a number of reforms to the higher education system in England. The main change was to abolish direct state subsidies for the teaching of most subjects, and replace them with a state-subsidised tuition fee of up to $9,000 (US $13,700). A number of other changes were also made, all with…

Performance-based funding is a system based on allocating a portion of a state's higher education budget according to specific performance measures such as course completion, credit attainment, and degree completion, instead of allocating funding based entirely on enrollment. It is a model that provides a fuller picture of how successfully…

As college completion becomes a priority, more state legislatures are challenging community colleges to demonstrate progress by tying funding measures to institutional performance. Tom Harnisch, a policy analyst with the American Association of State Colleges and Universities, reports that 17 states are currently implementing or considering the…

As Nevada struggles in this difficult time of recession and high unemployment, it is time to acknowledge that only through a robust and adequately funded education infrastructure and, in particular, higher education will the State ever achieve the diversification and growth all Nevadans need. Nevada must make a long term commitment to excellence…

The link between the funding of higher education and the attainment of higher education transformation goals in South Africa, especially access by students from previously under-represented communities, is the main focus of this paper. Specifically, the paper examines three questions: (a) How does public funding of higher education encourage (or…

This paper explores a particular contemporary instance of the implementation of central government policy linking higher education and sustainable development. The Higher Education Funding Council for England (HEFCE)'s strategic plan for 2006-2011 (HEFCE 2006) includes a commitment to establish a baseline assessment of the contribution of the…

The National Plan for Higher Education in South Africa (NPHE) (2001) identifies access as one of the priorities for the transformation of higher education. Consequently, several structural adjustments, policy shifts and enabling mechanisms have been put in place to enhance the efficiency of universities that will eventual lead to access for…