Financing Canadian Universities: A Self-Inflicted Wound (Part 5)
We’ve covered a lot of ground in the last few days. Back on Tuesday, we asked the question why faculty-student ratios could fall by 20% over two decades when per-student income had jumped by 40% over the same period. The best way to sum up the answer is with the following graph: Changes in Total and Operating Income per Student, Academic Salary Mass, and Student-Teacher Ratios, Indexed to 1992 The top line is