Category: Universities

University Finances 2021-22

Nearly all universities have posted their financial statements for 2021-22, so that means it’s time to look at how year two of COVID went for Canadian universities. Let’s define who is included in the sample.   Not all institutions have put out their 2021-22 financials including: Algoma University, the Nova Scotia College of Art and Design, Concordia University, Université Laval, Polytechnique, and the Université du Québec system, so these cannot be included.  I have also left out Mount Royal University and

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Study Gods and Leading Universities

Morning all.  There are two recent books of note I want to highlight: Study Gods: How the New Chinese Elite Prepare for Global Competition by Yi-Lin Chiang, and Empire of Ideas: Creating the Modern University System from Germany to American to China by William C. Kirby. Study Gods is basically an ethnography of students at a couple of “top” high schools in the Beijing area.  It follows a number of students – both successful and unsuccessful – from early in

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The Affordability of Canadian Universities, Part 4

The final objection to the idea I’ve been pushing for the last couple of weeks – namely, that higher education might be getting more affordable (which it is, to some extent, by most tuition-related measures of affordability) – is that tuition-related measures of affordability are in adequate and don’t cover and so do not do justice to the current “the cost of living crisis”.  Broadly, this is true.  But, I suggest, it’s not actually true for everyone, and even for

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The Affordability of Canadian Universities, 2020, Part 2

Ok, so I got a little bit too excited in yesterday’s blog, when I indicated I could show how the increase in student aid spending since 2006 has improved affordability.  I forgot that while I do have aggregate data on grant expenditures across the country, data on how this money is split by institutional type is pretty scarce.  The Canada and Quebec student aid programs do publish data like this, but for some reason neither government chooses to leave older

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The Affordability of Canadian Universities, 2020, Part 1

The affordability of higher education is vital for the accessibility of higher education.  Unfortunately, much of the debate around affordability is conducted in terms simply of prices, and usually inflation-unadjusted ones at that.  But while price is an input to affordability, it is not the whole story.  In fact, it is exactly half the story: the numerator, if you will.  The other half, the denominator, is capacity to pay.  And yet for some reason we almost never bring this into

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