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Category: Funding and Finances

Performance-Based Funding 101: The Indicators

Ok guys, I’m going to take the rest of the week to nerd out about performance-based funding (PBF) indicators, since clearly this is all anyone here in Ontario is going to be talking about for the next few months.  I’m going to start with the issue of what indicators are going to be used—and fair warning: this is going to be long. (Reminder to readers: I actually do this stuff for a living.  If you think your institution needs help

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April 23, 2019 5 Comments

How to Avoid Sounding Misinformed About Performance-Based Funding

Judging from various commentary I’ve seen/heard over the last few days, I suspect we’re all about to hear quite a lot of nonsense about Ontario’s proposed new Performance-based Funding (PBF) system.  Some of this is a natural consequence of the Conservatives announcing a general policy without announcing any details, which allows people’s imaginations to run rampant (and where Conservatives and higher education are concerned, academics’ imaginations can get pretty wild).  So, let’s just go through a few basics about PBF

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April 15, 2019 No Comments

Income Share Agreements (Part 2)

Yesterday, I described Income Share Agreements (ISAs) as basically a version of Milton Friedman-like Human Capital Contracts, which are very much like privately administered graduate taxes.  The question we will answer today is: under what circumstances would a private ISA be preferable to a public student loan? Assuming both were equally available and equally subsidized, then in theory a student would be indifferent between the two.  But there are a few reasons why this is unlikely to be the case;

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March 5, 2019 No Comments

Rationing Loans

While student loans are cheaper (and hence more commonly used) than grants, they still cost money, both in terms of interest subsidies and in terms of loan losses through loan defaults.  As a result, nowhere are they unlimited in scope.  Every government finds ways to ration loans.  Today, I thought I’d go through some of the ways governments do that and – in passing – help everyone understand in what ways North American loan systems are generous in comparison with

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February 8, 2019 1 Comment

That Ontario Ancillary Fee Policy in Full

Last week, in the wake of the OSAP/Tuition announcements, I suggested that while most of the initial focus was on the changes to tuition fees and student aid, perhaps the more significant move was the announcement that many ancillary fees – specifically including student unions fees – were no longer to be mandatory and students had to be given the right to opt-out. But what does this mean, exactly?  It’s worth going through the details here because the statement is

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January 22, 2019 1 Comment

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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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