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Tag: Australia

Income-Contingent Loan Problems

Everyone who’s ever given thought to the matter thinks that income-contingent loans are superior to mortgage-style loans.  At any given level of debt, it’s always preferable for low-income borrowers in repayment to have the option to suspend payments, and make them up at a later time.  Pretty much all the objections to income-contingency – especially here in Canada – are about matters extraneous to the actual method of loan repayment (e.g. fees would rise, interest is too high, etc.). The

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December 5, 2013 No Comments

Using PIAAC to Measure Value-Added in Higher Ed: US Good, Australia Abysmal

A few weeks ago, when commenting on the PIAAC release, I noted that one could use the results to come up with a very rough-and-ready measure of “value added” in higher education.  PIAAC contains two relevant pieces of data for this: national mean literacy scores for students aged 16-19 completing upper-secondary education, and national mean literacy scores for students aged 16-29 who have completed Tertiary A.  Simply by subtracting the former from the latter, one arrives at a measure of

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November 13, 2013 6 Comments

The Monash-Warwick Alliance

About fifteen months ago, I wrote that the next big thing in cross-border higher education was going to be an actual merger of two institutions, in different countries.  Now, we have a real live experiment to watch, thanks to the Monash-Warwick Alliance. This didn’t get a lot of press when it was announced (I certainly missed it), but it’s a reasonably big deal nonetheless.  In a nutshell, these two large, young  universities (Monash dates from 1958, Warwick from 1964), with

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January 28, 2013 2 Comments

What Goes Up May Come Down

About six years ago now, when policymakers in Canada started to get excited about international education, many hoped that foreigners might be able to subsidize our expensive system of higher education.  I don’t mean to put too fine a point on it, but the thinking was: if the Australians could manage it, presumably so could we. To date, our results have been pretty good.  International enrolments keep rising. The money keeps on flowing, offsetting the weakness in government funding.  What

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January 18, 2013 No Comments

Australia is Better than Canada

…at least as far as thinking through the implications of globalization on education.   And I’m not talking just about the trivial matter of attracting more students to study at their universities. About a week ago, the Australian government released a forward-looking White Paper called Australia in the Asian Century which charted a set of strategies to improve Australia’s chances of benefiting from the continuing Asian economic boom.  Some of those strategies were education-related; one was to get ten Australian universities into the world’s

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November 6, 2012 4 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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