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Category: Student Aid

Inflation

One of the less-anticipated outcomes of the COVID pandemic is the return of inflation at levels not seen in nearly thirty years.  It is not yet clear if this inflation is something transitory, or something more long-term.  The supply-chain snarls of mid-2021 have been followed by inflationary spikes due to rising oil prices and now – with the invasion of Ukraine – major spikes in food prices world-wide.  In theory, each of these things is a one-off.  But as wages

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March 24, 2022 2 Comments

Student Financial Aid Regimes

By Alex Usher and Jonathan Williams Last week, we presented you with an overview of tuition fee regimes around the world.  Not unreasonably, a few of you asked “what about student aid?  Doesn’t that matter?”.  Of course it does!  And we have you covered. So first of all, let’s talk about what we mean by student aid.  Broadly speaking, it comes in three forms: loans, grants, and “indirect aid”.  Loans are simple enough.  Grants are trickier, because while they usually

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March 23, 2022 No Comments

The Twelve Student Aid Programs That Matter

One of the challenges of trying to do large-scale global comparative higher education work is focusing.  It’s a big world out there – and there are so many interesting variations and models that you just want to get your hands on everything.  But at some point, you must choose a few things in order to make sense of the bigger patterns. So it is with student financial assistance.  There are aid programs in a lot of countries, many with some

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February 9, 2022 1 Comment

The South Korean Student Aid Miracle

Last week, we did a piece on Canadian student financial assistance over the years.  Today, I want to jump across the Pacific to South Korea, because that country’s student aid system undergone some incredible policy shifts over the past 15 years. I truly think South Korean student aid policy might be one of the biggest stories in higher education finance anywhere in the world in the past decade, and it has, hitherto gone completely unnoticed by most in the rest

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January 31, 2022 No Comments

A Long-Term View of Student Financial Aid in Canada

Over Xmas, someone asked me on Twitter whether student loans were replacing direct government support as a main source of public assistance.  I answered, no, direct government support either from the feds (mainly through research and infrastructure) or the provinces (operating grants), are worth about five times more that the annual value of student loans.  To wit, Figure 1. Figure 1: Annual Student Loan Disbursements vs. Total Government Transfers to Post-Secondary Institutions, Canada, 1989-90 to 2019-20, in constant $2019 Millions

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January 26, 2022 1 Comment

One Thought to Start Your Day

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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