The World of Higher Education Podcast Listen now →

The World of Higher Education Podcast Listen now →

Category: Universities

Classroom Economics (Part 3)

(If you’re just tuning in today, you may want to catch up on Part 1 and Part 2) Back to our equation: X = aϒ/(b+c), where “X” is the total number of credit hours a professor must teach each year (a credit hour here meaning one student sitting in one course for one term), “ϒ” is average compensation per professor, “a” is the overhead required to support each professor, “b” is the government grant per student credit hour, and “c” is

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January 21, 2015 9 Comments

Yet More Reasons Free Tuition is a Bad Idea

The easy case to be made against free tuition is that it benefits students from richer backgrounds.  That’s because they are more numerous in higher education than students from poorer backgrounds and so, on aggregate, would receive more aid.  But that misses a more important point: because of the interaction between student aid and tuition, students from wealthier backgrounds would also receive a bigger benefit on an individual level. Let’s take a really simple example from Ontario.  Take two students, Adele and

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November 4, 2014 1 Comment

Cockroaches

One of the most maddening things about higher education journalism is the widespread assumption of fragility. Take the notion of vulnerability to technological disruption.  The most recent example of this is a piece from University World News (which really should know better) entitled “Can Universities Survive the Digital Age?”  It’s an absolutely ridiculous question that could only be posed by someone who knew virtually nothing of the history of universities. Every time there’s a technological innovation, somebody thinks the university

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November 3, 2014 5 Comments

Times Higher Rankings, Weak Methodologies, and the Vastly Overblown “Rise of Asia”

I’m about a month late with this one (apologies), but I did want to mention something about the most recent version of the Times Higher Education (THE) Rankings.  You probably saw it linked to headlines that read, “The Rise of Asia”, or some such thing. As some of you may know, I am inherently suspicious about year-on-year changes in rankings.  Universities are slow-moving creatures.  Quality is built over decades, not months.  If you see huge shifts from one year to

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October 30, 2014 2 Comments

Responsibility-Centred Budgeting

As I’m on the subject of finances and budgeting these days, I thought it a good time to bring up the topic of “responsibility-centred budgeting” (RCB).  It’s a timely topic, given both this ludicrous article in the Edmonton Journal last week, and the fact that I have one loyal reader who’s been urging me to write about it for months now (Hi, Alan!). Responsibility-centred budgeting basically says that units (usually faculties, occasionally departments) are responsible for raising their own funds and covering

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October 28, 2014 22 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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