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Category: Funding and Finances

The Politicization of University Accounting

Back in the fall, the Canadian Alliance of University Teachers (CAUT) published an interesting little guidebook called CAUT’s Guide to Analyzing University & College Financial Statements, written by Cameron and Janet Morrill, two profs at the University of Manitoba’s Asper School of Business.  Stripped to its essentials, it purports to be a DIY guide for faculty to help hold their institutions to account over finances. Nothing wrong with that.  Learning how to read financial statements is a good thing.  The

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January 10, 2017 1 Comment

More on International Fees in Canadian Universities

Due to a few unexpected issues yesterday, we had to postpone the One Thought. With no further ado, here it is: The day before yesterday we looked at what universities in different parts of the country are charging in terms of international tuition fees.  Here’s a quick graph to refresh your memory: Figure 1: International Undergraduate Tuition Fees, by Province, Canada, 2016-17 Figure 2 shows the same data but with a different Y axis.  Instead of showing the figure in dollars, let’s

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December 14, 2016 2 Comments

Does Student Debt Matter If You’re Not Going to Pay It Back?

You can accumulate one hell of a lot of debt these days in the UK.  Just in an undergraduate degree, fees are ‎£9,000 per year plus you can get another ‎£10,702 in maintenance loans per year of you’re studying in London.  Over a three-year degree that’s ‎£59,106 or a tad over $100,000 (yes, really). So, at face value one can understand the spate of stories coming out of the UK these days talking about how their massive debt loads are

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December 9, 2016 1 Comment

A Wish List for Budget 2017

A few days ago someone asked me what my wish list would be for the federal 2017 budget.  The science/innovation part of my answer will take a couple of posts to summarize (I’ll start addressing some of the issues related to the Science and Innovation Agendas over the next few days); but today I thought I’d give you my thoughts on the student aid part of the equation. Briefly, I have three wishes.  They are, in order: 1)      Implement the

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December 5, 2016 No Comments

Higher Salaries + Lower Workloads = More Sessionals

On Sunday night, the University of Manitoba and its faculty union hashed out a tentative deal to end a three-week strike.  No details are publicly available yet, but I think the dispute – and the likely strategies used to resolve it – are a useful way of understanding some general concepts around the economics of universities in Canada. Directly or indirectly, institutions get their operating funds from having students sit in classrooms.  Tuition fees are directly related to credit hours

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November 22, 2016 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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