Performance-Based Funding (Part 3)
As I noted yesterday, the American debate on PBF has more or less ignored evidence from beyond its shores; and yet, in Europe, there are several places that have very high levels of performance-based funding. Denmark has had what it calls a “taximeter” system, which pays institutions on the basis of student progression and completion, for over 20 years now, and it currently makes up about 30% of all university income. Most German Länder have some element of incentive-based funding