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Category: Funding and Finances

Tea Leaves on the Rideau

Last Tuesday, federal Finance Minister Bill Morneau set the date for the federal budget for next Wednesday (March 22) and naturally people are wondering: what goodies are in store?  Without being privy to any inside information, here’s my take on where we are going. At the press conference announcing the budget date, Minister Morneau dropped some important hints.  The biggest one is that, contrary to what had been heavily promoted for the past year, this budget will not be an

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March 13, 2017 1 Comment

Four Mega-trends in International Higher Education – Economics

If there’s one word everyone can agree upon when talking about international education, it’s “expensive”. Moving across borders to go to school isn’t cheap and so it’s no surprise that international education really got big certain after large developing countries (mainly but not exclusively China and India) started getting rich in the early 2000s. How rich did these countries get? Well, for a while, they got very rich indeed. Figure 1 shows per capita income for twelve significant student exporting

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February 17, 2017 1 Comment

How to Fund (3)

You all may remember that in early 2015, the province of Ontario announced it was going to review its university funding formula.  There was no particular urgency to do so, and many were puzzled as to “why now”?  The answer, we were told, was that the Liberal government thought it could make improvements in the system by changing the funding structure.  Specifically, they said in their consultation document that they thought they could use a new formula to improve i) improve

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February 16, 2017 No Comments

How to Fund (2)

As I noted yesterday, in Canada we have some kind of phobia about output-based funding.  In the 1990s, Ontario and Alberta introduced, and then later killed, key performance indicators with funding attached.  Quebec used to pay some money out to institutions based on the number of degrees awarded, not just students enrolled, but they killed that a few years ago too (I’m sure the rumour that it did so because McGill did particularly well on that metric is totally unfounded).

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February 15, 2017 4 Comments

How to Fund (1)

Over the next three days, I want to talk about funding formulas.  I know I did this a couple of years ago, at the start of the Ontario funding formula review exercise (see here, here, and here, but it’s worth revisiting  partly because I’m cheesed off at how Ontario managed to botch the review, but also, it’s because I’ve been looking at funding formulas in Europe and the US for article I’ve been writing, and it’s absolutely stunning to me how

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February 14, 2017 No Comments

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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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