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Category: Universities

Probably not the next Laurentian, but…..

As I noted yesterday, there are only two institutions in Canada which have run deficits in each of the last five years: St. Thomas University (STU) and Vancouver Island University (VIU). In both instances, these institutions have had deficits averaging between 4 and 5% of their total income over the course of those five years. By any definition, this puts them on some kind of watch list. As Figures 1 and 2 show, the root cause of both institutions’ problems

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May 7, 2025 2 Comments

Post-COVID University Surpluses (Deficits)

Ok, everyone, buckle up. For I have been looking at university financial statements for 2023-24 and the previous few years, and I have Some Thoughts. In this exercise, I examined the financial statements from 2017-18 onwards for the 66 Canadian universities which are not federated with a larger institution and had income over $20 million. L’Université du Québec was excluded from the analysis below because it has yet to release financial statements for 2023-24. Figure 1 shows the average net

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May 6, 2025 1 Comment

Lean, Global, and Tuition-Free: The University of the People Model

One of the most consistent problems in higher education, one that bedevils systems around the globe, is that of cost containment. Costs in higher education grow inexorably, both due to the Baumol effect, that is, services in labor intensive industries like education tend to have costs that grow faster than inflation. And the Bowen Effect, which states that because quality and education is unmeasurable and expenditures are often mistaken for quality, there’s a permanent ratchet effect on university costs limited

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May 1, 2025 1 Comment

Universities and Gap Years

When starting out in international comparative higher education, one of the hardest things to do is to keep an open mind.  Universities are universities, you think.  They may vary in the way they are managed and funded, but what they are for, what they do and who they serve is the same everywhere, isn’t it?  But this is not, in fact, true.  And one of the most basic ways that universities around the world differ is the ages of the

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April 2, 2025 4 Comments

HESA’s AI Observatory: What’s new in higher education (March 16, 2025)

Spotlight Wow. It’s already been a week since AI-CADEMY, and I’m still hung up on all the vibrant discussions that happened in Calgary, the insights shared by all, and the palpable eagerness to learn and collaborate. If you haven’t already, make sure to read Alex’s Wednesday blog for a quick summary (and if you attended, there are more post-event follow-ups coming your way soon) – but on a more personal note, I want to express how much of a privilege

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March 16, 2025 No 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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