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Category: Funding and Finances

Curves and Formulas

Time for a quick economics lesson. Every class in a post-secondary institution has a cost curve.  It looks something like this: Once an instructor is assigned to a class, that class has a set cost to the university regardless of how many students enroll, shown above as the Cost Curve (CC).  It’s mainly a function of the instructor’s salary and materials costs, which are very low in lecture courses, higher in laboratory courses, and highest in clinical courses.  That CC

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December 5, 2023 2 Comments

Two Ways of Looking at Academic Hiring

One of the endlessly recurring debates in Canadian higher education concerns whether institutions are properly investing in faculty.  It’s never entirely clear what “properly” means – the goalposts move a bit depending on who is talking.  Sometimes it’s about faculty hiring lagging behind student enrolment, sometimes it’s faculty not getting their “share” of money coming into universities.  The comparator varies, but the ratio is always claimed to be moving in the wrong direction.  This blog seeks to examine this claim

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November 21, 2023 2 Comments

What’s in Ontario’s Blue Ribbon Panel Report?

The province decided to release the report of its Blue Ribbon Panel on Post-Secondary Education Financial Sustainability last Wednesday.  Remember, this was a report commissioned by the provincial government in response to a pair of reports from the Auditor-General, one on Laurentian University and another on other smaller institutions in November 2022.  It’s not what I would call an ambitious document; the panel’s terms of reference instructed that any recommendations “be considered through the lens of fiscally responsible and affordable

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November 20, 2023 1 Comment

Long-Term OECD Data on Institutional Financing

Just for fun, I went prowling through some back issues of OECD’s Education at a Glance (as one does), to look up how public financing of tertiary education has changed over time.  OECD specifically says you shouldn’t do this, which I see as an admission that they view the data submitted by national governments as either not particularly reliable or at least compiled by different people using different definitions/standards on an annual basis.   Having looked over the data, I can

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October 10, 2023 No Comments

Demography, Incentives, and the Future of Canadian PSE

Let’s start with a little history. Figure 1 shows the evolution of the youth population (aged 18-21) in Canada from 1971 to 2022.   The remarkable thing here is that this demographic group peaked over 40 years ago.  What that means is that pretty much all the nearly tripled increase in domestic enrolments in the last four have come from increasing participation rates rather than population growth. Figure 1: Population Aged 18-21, by Region, Canada, 1971-2022 This growth has not been

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September 25, 2023 3 Comments

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One Thought to Start Your Day is our founder and CEO Alex Usher’s popular daily blog, brimming with up-to-the-minute insights and informed opinions on today’s higher education industry.

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