The Changing Finances of World-Class Universities (part 2)
If you are just joining us, we’re in the middle of a three-day session on the finances of the world’s top-200 universities, or, more specifically, the 147 of them in the US, UK, Australia, Germany, Sweden, Switzerland, the Netherlands, Japan and Canada. Yesterday, I showed that the top-200 institutions in all these countries were increasing their total expenditures in real terms, albeit at different rates, and that their research funding was also increasing substantially (in fact, faster than general revenues