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Category: Funding and Finances

Free Tuition: A Rocky Rollout in Chile

So the big news last week in Santiago was the announcement of the start of the “free tuition” plan, which was part of President Michelle Bachelet’s election platform in 2013.  Only it’s not quite free tuition, and it’s still not clear how it will be paid for. I’ve written previously (back here) about the Bachelet promise, and the potential difficulties with implementing it in a country where most higher education is provided by private institutions, and forced nationalization is expressly prohibited in

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May 25, 2015 No Comments

“Mismanagement”

One of the favourite terms being bandied about on campuses these days is “mismanagement”.  According to some, everything would be fine if it weren’t for “mismanagement” – if weren’t for “mismanagement”, there would be no money problems, and life would be simply swimming. The problem is that it’s not 100% clear what people mean by “mismanagement”.  It seems that, in fact, there are a few possible definitions: 1)      Malfeasance: This does happen occasionally, more often than not in areas related to construction

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May 19, 2015 4 Comments

The Economic Growth Imperative

A quick note: the OTTSYD will be on brief hiatus next week, as I’ll be in Japan and won’t have regular access to my computer.  Not to worry, though, we’ll pick back up on the 18th. Anyways: I was asked recently what I thought was the most important challenge for post-secondary education in Canada at the moment.  Resisting (barely) the flip answer “money”, I eventually settled on the allied concept of “learning how to promote economic growth and prosperity”. Now,

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May 8, 2015 3 Comments

Funding Formulas 101

So I’ve been asked to act as a member of the “reference group” (that is, a group of individuals from whom advice may be sought, but which is not technically an advisory group – yeah, I know, it’s a bit odd) for the government of Ontario’s funding formula review.  Since everyone’s about open government these days, I thought I’d make public some of my views on the subject of funding formulae so you can get a sense of what I’m

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May 7, 2015 No Comments

Bill 100

A couple of weeks ago, the government of Nova Scotia introduced a very strange bill in the legislature.  Though nobody directly describes it this way, Bill 100 is effectively an academic Chapter 11: a set of rules under which a university can, in effect, declare bankruptcy and re-organize itself. The basics of the Bill: in the event of a university getting into financial trouble, it will be permitted to submit a “revitalization plan” to government.  Assuming said plan finds favour with the

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May 6, 2015 2 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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