Category: Funding and Finances

Funding, Free Riding, and the Future of Canadian Science

Ever since World War II science — that is, state funded science — and economic progress have been seen to go hand in hand. And for the most part, governments have been happy to let scientists themselves decide where much of the money goes. But things have been changing lately, and not just in the United States, where the Trump administration has awarded itself the right to involve itself in any science award for any reason. Several countries, notably Australia

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Profit, Education, and Student Grants

One of the less-noticed measures in the November 4 budget had to do with restrictions on student loans. Specifically, it was about banning students attending for-profit institutions from accessing grants provided by the Canada Student Financial Assistance Program (CSFAP). Today, I want to examine the rationale behind this move and its likely effects. But first, some history. CSFAP did not always have a big investment in grants. In fact, it had none at all for the first thirty years of its

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Does England’s Newest Higher Education White Paper Actually Change Anything?

Last year, the Labour Party in the United Kingdom faced a dilemma. They needed to get elected, and to do that, they needed people to vote for them. Nothing wrong with that, except in higher education the UK faces a dilemma. Everyone knows the system’s in shambles. Everyone knows it will require painful choices to fix. But nobody wants to pay for it. It’s hard to cut that kind of Gordian knot without annoying people, and that interfered with the

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That Alberta Post-Secondary Review, Again

Just before I headed out on a work/vacation trip (I’m in Costa Rica today), the Government of Alberta dropped the report of the Expert Panel on Post-Secondary Institution Funding and Alberta’s Competitiveness, which I had previewed back here when the panel was formed about a year ago. So, on the way to the airport, I dashed off this blog to give you all the skinny.  First: it’s a good report! Might be the most sensible report on PSE that’s come out in Canada for quite

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Capitalizing on College: Mission, Money, and Survival in Higher Ed with Joshua Travis Brown

The economics of higher education are tricky.  It’s a labour-intensive industry, and generally speaking the cost of producing labour-intensive goods will always increase faster than the price of producing capital intensive goods, because the latter have more scope for increasing productivity. That’s not a problem if you are a public institution in a country with bottomless pockets, or if you are a prestigious private institution with almost unlimited ability to raise prices. If you’re among the other 99 percent of the

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