Tag: Budget Cuts

The Outlook for International Students

Everyone is wondering: what’s going to happen to enrolments in the fall?  Particularly, international enrolments?  It’s a big question because for the last decade pretty much 100% of all the increase in institutional income has come from fee income, much of it from international students.  Take that income away, and we’re talking about major cuts: in Australia, which is only slightly more international fee-dependent than Canada, the hit to the sector this term is estimated at over $5 billion.  Some

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Comparative Bailouts

Following yesterday’s discussion re: how we might want to ask for money, I thought it would be useful to look at how other national governments are responding to post-secondary pleas for help.  For obvious reasons, the focus here is on countries which rely on private funding (i.e. fees) to fund their systems, as publicly-funded systems aren’t immediately affected by changes in student demand and can borrow to cover shortfalls. Let’s start over the pond in the UK, where the Universities

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Coronavirus (15) – Comparative Financial Carnage

Canadian universities and colleges have yet to release any figures about expected losses from coronavirus, but in other countries, estimates are popping up.  So, how bad might it get? Let’s start with the assumption that institutions in jurisdictions where institutions are supported mainly or entirely by government funds are the ones that are going to suffer the least.  I have yet to hear of any government anywhere making cuts in public funding to higher education during the emergency (ok, Alberta,

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Coronavirus (6) – Postcorona

Morning all.  Coronavirus again today, but I think my coverage of it is going to slow down.  The situation is settling down a bit and it doesn’t look like we are going to have avalanches of new decisions or anything to analyse.  If you want to follow the various states of institutional closure (who still has cafeteria service, which ones have travel restrictions, etc., keep checking in with Ken Steele, who seems to have this covered reasonably comprehensively.  But I suspect

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A Tale of Two Budgets

The first two big provincial budgets of the year came from British Columbia and Alberta and they could not have been more different. To start out in Victoria, the folks in BC had a nice, tidy, almost do-nothing budget.  Grants to institutions rose by 1% – that is, slightly less than inflation – while spending on student aid rose by nearly 23%.  Some but not all of that money went to a new “BC Access Grant” which got trumpeted all over the

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