Tag: Enrolment

Atlantic Blues

One big story from out east that didn’t get a lot of play in the rest of the country was the news that the Nova Scotia government had, over the period 2013-2017, quietly bailed out Acadia University to the tune of $24 million.  This is of course the second time a Nova Scotia government has bailed out this decade: the Nova Scotia College of Art and Design (NSCAD) received about $10 million. This isn’t really a partisan thing: it was an NDP

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Canadian Enrollment Data, 2014-15

Statistics Canada published the 2014-15 enrollment data last week and I thought I would give you a bit of an overview.  The data is based on snapshots of enrollment taken in the fall, so we’re talking a 24-month lag here (most other OECD countries can do this in 12-18 months), but this is Statscan so just be glad you’re getting any data at all. The headline news is that enrollment in 2014-15 was up – barely – from 2.048 million

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Lessons from Scandinavia on the Value of Tuition Fees

Whenever you hear somebody complaining about higher education funding in Canada, it’s usually only a matter of time before someone says “why can’t we be more like Scandinavia?”  You know, higher levels of government funding, no tuition, etc., etc.  But today let me tell you a couple of stories that may make you rethink some of your philo-Nordicism. Let’s start with Denmark.  The government there is trying to rein public spending back in from a walloping 56% of GDP, and

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One In, One Out

I had a discussion a few months ago with a government official who was convinced she knew what was wrong with universities.  “They have no discipline,” she said.  “They just go out and create new programs all the time with no thought as to what the cost implications are or what the labour market implications are, and so costs just keep going up and up.” I told her she was only half right.  It’s absolutely true that universities have no discipline when it

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Marginal Costs, Marginal Revenue

Businesses have a pretty good way of knowing when to offer more or less of a good.  It’s encapsulated in the equation MC = MR, and shown in the graphic below.                 Briefly, in the production of any good, unit-costs fall to start with as the benefits of economies of scale start to rise.  Eventually, however, if production is expanded far enough you get diseconomies of scale, and the marginal cost begins to rise.  Where the

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