One Thought To Start Your Day
If the Australian government’s plan on fee-deregulation comes to pass, what follows will be one of the greatest experiments ever in higher education. Institutions will have the right to set fees exactly as they want, which begs two questions: what will they do with that power, and what will the effects be?
Let’s start with the first question. When institutions in England were given the freedom to set tuition fees up to a maximum of £9,000, nearly all of them immediately … [ Read More ]
I spent a good part of this month in Australia, talking to people about the radical program introduced in the May budget. The basics of the system are as follows:
A recently-introduced plan of uncapped places, with the government funding as many students as institutions wish to admit, was maintained; however, the average amount of the per-student subsidy will drop by 20%; Tuition fees will be fully de-regulated. Institutions will be able to charge what they like, subject to the … [ Read More ]
Yesterday, we talked about how the Canadian aid system was both generous and clumsily organized, what with most of it being delivered through tax credits and loan remissions – neither of which shows up directly to reduce tuition at the time of registration. This is something that needs to change; if we’re giving students so much money, we should at last give it to them in a form that is both useful and comprehensible. So why can’t we do it?
Our … [ Read More ]
In a couple of weeks, Statistics Canada will publish its annual Tuition and Living Accommodation Cost (TLAC) survey, which is an annual excuse to allow the usual suspects to complain about tuition fees. But sticker price is only part of the equation: while governments and institutions ask students to pay for part of the educational costs, they also find ways to lessen the burden through subsidies like grants, loan remission, and tax expenditures. And Statscan never bothers to count that … [ Read More ]
Morning, all. Ready for the new school year run-down?
One thing already clear is that pretty much the whole sector has finally come to grips with the reality that annual 4% increases in funding aren’t coming back any time soon. That’s causing institutions to think more strategically than they’ve had to in a long time, which is a Good Thing – the downside is that there appears to be some places where this hard thinking is leading to some fairly … [ Read More ]