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Category: Funding and Finances

The Cost of Expanding Access in Poor Countries

I’ve been dealing a lot with issues of access in Africa (specifically, Senegal and Uganda) over the past couple of months.  And I think I’m coming to the conclusion that there are some situations where it flat-out doesn’t make any sense to expand access. If you’re a producer of good and services, the main advantage of poor countries is that labour is cheap.  This is why manufacturing has, over the years, drifted to lower-wage countries – first Mexico, then China,

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March 25, 2014 No Comments

March Madness

It’s March Madness in the US – the annual NCAA basketball tournament.  And so it’s time to ask the question: what the hell is it with Americans and intercollegiate sport, anyway? To most of the rest of the world, the American college sports industry – by which we mostly mean Men’s Basketball and Football – is flat-out ridiculous.  There are 420,000 student athletes.  Attendance at college football games is 48 million/year.  Total income for college sports is just under $11 billion

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March 24, 2014 4 Comments

Capital!

If you’re ever bored and playing around with CAUBO data (what do you mean, “no else does that”?) you may have noticed that in 2011 there was a significant (roughly 3%) decrease in university expenditures – which is weird, because no province significantly reduced funding to universities that year, and universities never voluntarily reduce their spending.  So what the heck is going on? The quick answer is: the Knowledge Infrastructure Program (KIP) ended, and so institutions lost a nice little source of

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March 21, 2014 2 Comments

The Canadian Way of Higher Education Subsidies

One of the biggest arguments in student assistance is about who to subsidize and why.  Unfortunately, because we are rarely explicit in the way we talk about subsidies, discussions tend to be a dialogue of the deaf. One school of thought says we should subsidize students based on their parental income.  Students from poor families need more help to succeed than students from wealthier families, and so the former should pay less, and so we should pay them grants to

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March 19, 2014 2 Comments

How ICRs can Become Graduate Taxes: The Case of England

As noted yesterday, graduate taxes and income-contingent loans have many similar features.  They both defer payments until after graduation, and they are usually payable as a percentage of marginal income above a given threshold.  In England right now, the payment scheme on ICR loans is that students pay 9% of whatever income they earn over £21,000 (roughly C$38,000).  The difference between the two is that with a loan you have a set amount to pay, and when it’s paid you’re

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March 18, 2014 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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