Category: Funding and Finances

Malaysian Higher Education

If I asked most people to name an up-and-coming higher education system – one not from a wealthy country but perhaps from the middle-income zone – people would probably naturally speak about China. And they’d probably be right: China’s higher education system has achieved remarkable things in the half-century since it was re-constructed after the Cultural Revolution. But could you name a second? Let me give you my answer: it’s Malaysia. It’s not well-known outside the region, but in fact

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Update on University Finances

Last week, I wrote about college finances. Today I thought I would spend some time updating some of the more interesting graphs I’ve done over the past few years with respect to university finances.  I do quite a lot on university finances in HESA’s annual State of Post-Secondary Education, but over the years I have also done some slightly more bespoke takes that don’t make it into SPEC. And so, herewith, my 2024 update on those numbers. In Figure 1,

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The Failed Fees Free Policy in New Zealand

New Zealand has always been a place unafraid to experiment in higher education. That’s partially because change is often easier to make in small countries (it’s easier to get everyone in a room), but also because the country itself has found innovation key to success. One of the biggest recent changes was the introduction of free first year for university students, something that was introduced by Jacinda Ardern, something we discussed with a previous guest, Dave Guerin, about a year

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Is Queen’s Running Out of Money?

Earlier this month, the Queen’s student newspaper, The Queen’s Journal, reported on what seems to have been an extraordinary outburst by the university’s Provost, Matthew Evans, during a campus Town Hall to discuss cutbacks in early December. During this meeting, the Provost is alleged to have said “I’m concerned about the survival of this institution. Unless we sort this out, we will go under.” The story was picked up by a number of outlets across the country, including CTV and

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College Finances 2021-22

Statscan released new data on community college enrolments and finances last month. That’s an excellent opportunity for me to update some of my favourite charts. Let’s start with what’s been happening in terms of income over the past couple of years. Turns out college revenue has been relatively stable at $14 billion over the past few years. The only exception was the COVID year of 2020-21 where income fell to $13.1 billion partly because of reduced tuition income (fewer international

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