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Details of Financing Higher Education Worldwide: Who Pays? Who Should Pay?

Financing Higher Education Worldwide: Who Pays? Who Should Pay?
Exact title of book
Financing Higher Education Worldwide: Who Pays? Who Should Pay?
Book author
D. Bruce Johnstone
ISBN
9780801894589
Published
May 06, 2010
Language
English
Format
PDF, FB2, EPUB, MOBI
Pages
336
File size (in PDF)
3024 kB

Some brief overview of book

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 analyses of the financial pressures facing higher education throughout the world.

About book author

Bruce Johnstone is SUNY Distinguished Service Professor of Higher and Comparative Education Emeritus at the State University of New York at Buffalo, author of Financing Higher Education Cost-Sharing in International Perspective, and coeditor of In Defense of American Higher Education, also published by Johns Hopkins. Pamela N. Marcucci is project manager of the State University of New York at Buffalos International Comparative Higher Education Finance and Accessibility Project.

The Projeaxpayers 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 analyses of the financial pressures facing higher education throughout the world.

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