The author discusses the process of reforms in the Russian higher education. It is shown that the first phase of reforms has been fraught with omissions of regulator and inflation of educational bubble, which gave rise to the budget crisis in the industry, and demanded radical interventions. At...

In the paper we analyze economic university research and education in transition countries. University system differs from industry in the nature of output that it produces. University system is engaged in production of public goods rather than private goods. The sector also suffers from the...

In the face of global economic problems European (and not only European) universities are forced to diversify their income. The constant and stable stream of governmental funds for education is beginning to dry up.For the majority of Polish universities the main and noticeably dominant source of...

Student loan debt and defaults have been steadily rising, igniting public worry about the associated public and private risks. This has led to controversial regulatory attempts to curb defaults by holding colleges, particularly those in the for-profit sector, increasingly accountable for the...

The present paper is motivated by the importance of financing for the higher education sector. The formulae based financing Romanian higher education system has been inspired from the British financing system. In this context the paper makes a comparison between the higher education financing...

Philippine higher education (HE) plays an important role in the country’s economy and is vital in achieving global competitiveness.Poor quality,undeveloped innovation system, and inequality of access caused the current dismal state of the HE system.This could be traceable to the populist...

Canada’s federal and provincial governments spend a lot of money subsidizing postsecondary students. Tuition and education/textbook tax credits, in particular, cost the federal government around $1.6 billion in 2012 – a sum much greater than the net cost of the Canada Student Loan Program....

In the face of global economic problems European (and not only European) universities are forced to diversify their income. The constant and stable stream of governmental funds for education is beginning to dry up. For the majority of Polish universities the main and noticeably dominant source...

In the face of global economic problems European (and not only European) universities are forced to diversify their income. The constant and stable stream of governmental funds for education is beginning to dry up.For the majority of Polish universities the main and noticeably dominant source of...

Higher education institutions are an essential, endogenous element of economic development and take part in resolving global issues. Their utilitarian role, however, may be greatly limited as a result of improper ways of financing science and didactics. The prevailing mechanism of financing...