Category: Funding and Finances

A Closer Look at Chinese Higher Education

China has been home to the world’s largest higher education system for more than a decade now.  Everyone is aware of China’s rise in research over the last two decades: Lord knows the Times Higher Education drowned us all in “Rise of Asia” (by which they really meant “rise of China”) stories for much of the 2010s.  But have you noticed how little we’ve heard lately?  And I don’t just mean during COVID – the chatter about China was declining

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Higher Education Funding in Oil-Dependent Jurisdictions

I was fooling around this weekend with some data on public higher education funding for HESA’s forthcoming publication World Higher Education: Institutions, Students, Finances.  For the most part, the report’s data shows that funding around the world continues to increase, but not always enough to offset student number growth or inflation.  It’s not flashy growth, but it is fairly consistent. There are three significant exceptions: Indonesia, Nigeria, and Saudi Arabia, all of them OPEC members.  In these countries have recently

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New Ways of Looking at Institutional Revenues

Just a quick blog today as things are kind of hopping at HESA Towers this week (literally, in the sense that the floor shakes a bit with the new construction).  It’s about how to measure revenue in Canadian higher education. Long-time readers are used to me publishing data like that in Figure 1, which shows provincial government expenditure per student.  The usual conclusion everyone draws from this graph is “holy cow, Ontario is run by monsters” (to which the answer

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Community College Revenues, 2019-20

I haven’t looked at community college finances recently and Statistics Canada just released the most recent FINCOL survey data, so it’s good time to return to the subject.   I’ll stay focussed on the revenue side rather than the expenditures side, because frankly it is a lot more interesting (the expenditure side does not change much year to year and if you really want to examine that, take a look at Chapter 3 of The State of Post-Secondary Education in Canada,

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Tracing Laurentian’s Path Part 3 : 2020/21

Laurentian was the first public university in Canada to close its campus in reaction to COVID.  On March 11, after the first case was identified, the institution decided to move to teaching at a distance.  Almost immediately, the consequences of COVID came into view.  The university had anticipated going into the new fiscal year with a combined $40 million in net deficits, line of credit owing, and “internal borrowing”, and now it was $45 million, with projected losses (at the

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