Category: Funding and Finances

How’s the Alberta PSE Re-Think Going? (Part 1)

You may remember that in the Spring, that Government of Alberta signed a contract with McKinsey to conduct a big review of Post-Secondary Education in the province.  I want to check in on how that’s going.  Today, I’ll look at the process; tomorrow I’ll look at what conclusions the government (or McKinsey – it’s hard to tell) is coming to.  Ready?  Then I’ll begin. Based on the Request for Proposals the province released back at the start of this process in March

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Arresting Decline

As I noted yesterday, the Canadian post-secondary sector seems to be in a deep public funding rut. We’re in the 12th year of flat budgets, and no political party – whether in government or opposition – seems inclined to reverse this.  What to do?   Well, in the strategic planning business, the first thing you look for are goals.  The second thing you look for are barriers to those goals.  So, let’s try that out by confronting why no government wants to

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Canadian University Expenditures, 2018-19

Ok, after nine years of this blog, you all know the drill.  Yesterday was about university income trends, so that means today covers expenditures.  Let’s start by looking at expenditures by type.  Universities are labour-intensive places, with 59% of total expenditures devoted to compensation of one sort or another (if we were to look just at operating expenditures, it would be higher).  About 10% goes into new buildings, building renovations, utilities and general upkeep.  Another ten percent is devoted “buying stuff” (materials,

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Canadian University Income, 2018-19

This year’s regular data release from the Financial Information of Universities and Colleges was delayed by about three months this year due to the pandemic, but it was released late last week. (This data does not actually include community colleges – that’s a separate survey that doesn’t get published for another few months, so sorry in advance for the university-centric material) As usual, I have a two-parter today and tomorrow to discuss the results, one on income and one on expenditure. 

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Student Loans and Income Tax Systems

Last week, I blogged about my disappointment with the Throne Speech.  However, I left out one really promising thing; namely, the idea that it would make possible free, automatic tax filing for simple returns to ensure citizens receive the benefits they need.  This is good, but in some ways insufficiently ambitions.  They should go further and fully modernize the system to make possible the collection of loans through the income tax system and thus make possible a more fully income-contingent loan

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