Financing for higher education shifts to private sector worldwide
Chronicle of Higher Education, (2007)DOI: Article
Abstract
The article discusses a report issued by the Institute for Higher Education Policy that found that while college enrollment in many countries is increasing, government aid to education is not and so private financing has become more popular. In Europe, Latin America, and Africa there are still many free public universities and attempts to raise tuition have been met by protests. Private funding was used more in middle-income countries than in countries with a wealthier population. The economy of the country is a large factor in that some countries with stronger economies need more college graduates.