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Tag: Revenue

Core Funding Versus The Hustle

If you’re a long-time reader, you’ll know I often produce diagrams of funding trends for Canadian universities that look like this: Figure 1: Total University Revenue by Source in Billions of $2019, Canada, 1979-80 to 2019-20 But I am starting to think this method of portraying the data does not actually explain what is going on in universities these days.  Instead, I think there are really only two categories of funding that matter: those that involve getting paid for traditional

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October 26, 2021 3 Comments

What Really Happened During COVID? Part 2

Yesterday, we examined student income during COVID.  On aggregate, income might not have dropped at all once the Canada Education Student Benefit is taken into the equation, though there was probably some re-distribution of money away from students who work summers to those who don’t.  Today, I want to look at what happened to institutions in the pandemic, because again the picture painted by the data emerging from institutional financial statements is quite different from the conventional wisdom about what

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October 6, 2021 2 Comments

Global Higher Education’s Post-COVID Future (2) – Funding Challenges Forever

Yesterday, I described some of the big changes of the past 18 months; today I will talk a little bit about the first of the three big trends that we need to watch for over the next few years.  This one I call “Funding Challenges Forever”. Around the world, COVID has had two distinct financial impacts on institutions.  In countries where the vast majority of funding came from governments (mainly, but not exclusively, Europe), the COVID shut-down had very little

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September 28, 2021 1 Comment

Laurentian Blues (4) – Who is Next?

Note: since the publication of this post, Concordia University and St. Thomas University have provided responses disagreeing with the assessment of this post. Click the university names above to read their respective positions. So, the mixed metaphor I keep hearing is that Laurentian is the canary in the coal mine, and there must be other dominoes ready to fall.  And people seem to assume I know who is next.  In fact, my priors are that there are probably not any

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February 9, 2021 1 Comment

Canadian University Income, 2018-19

This year’s regular data release from the Financial Information of Universities and Colleges was delayed by about three months this year due to the pandemic, but it was released late last week. (This data does not actually include community colleges – that’s a separate survey that doesn’t get published for another few months, so sorry in advance for the university-centric material) As usual, I have a two-parter today and tomorrow to discuss the results, one on income and one on expenditure. 

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October 13, 2020 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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