Higher Education Financing in Lesotho: Regulation to Realize Its Sustainability and Increase Inclusiveness

2020 ◽  
pp. 1-21
Author(s):  
Morongoe Nkisi
Keyword(s):  
Higher Education ◽  
Higher Learning ◽  
Financial Resources ◽  
Power Development ◽  
Education Financing ◽  
Institutions Of Higher Learning ◽  
Higher Education Financing ◽  
Skilled Workforce ◽  
Financing Higher Education ◽  
Poor Management

Abstract Higher education plays a central role in countries’ realization of their socio-economic development and in establishing a competitive, skilled workforce globally. The need for a skilled workforce, combined with scarcity in financial resources pertaining to higher education, has resulted in governments resolving to finance higher education. This article seeks to encourage adequate regulation to realize the sustainability of higher education financing in Lesotho, to achieve greater inclusiveness in institutions of higher learning. Through the National Manpower Power Development Council Act 8 of 1978, the Lesotho government established the National Manpower Development Council, which is aimed at facilitating the granting of loan bursaries from a fund administered by the National Manpower Development Secretariat. However, these efforts have faced challenges due to the increased cost of financing higher education. Poor management of the loan recovery function, increasing default by graduates on their repayment obligations and a lack of concerted efforts between the respective government departments threaten its sustainability.

scholarly journals ՀՀ ԲՈՒՀԵՐԻ ԱՆՁԵՌՆՄԽԵԼԻ ՖՈՆԴԵՐԻ ԳՈՐԾԱՌՄԱՆ ԱՌԱՎԵԼՈՒԹՅՈՒՆՆԵՐԸ ԲԱՐՁՐԱԳՈՒՅՆ ԿՐԹՈՒԹՅԱՆ ՖԻՆԱՆՍԱՎՈՐՄԱՆ ՀԱՄԱՏԵՔՍՏՈՒՄ / ADVANTAGES OF FUNCTIONING THE ENDOWMENT FUNDS OF HIGHER EDUCATION INSTITUTIONS IN THE CONTEXT OF RA HIGHER EDUCATION FINANCING

2021 ◽  
pp. 183-195
Author(s):  
ROBERT KHACHATRYAN
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Financial Resources ◽  
Financial Autonomy ◽  
Education Financing ◽  
Higher Education Financing ◽  
Current Article ◽  
The Republic ◽  
Financing Higher Education

The current article discusses the advantages of endowment funds of higher education institutions in the context of financing higher education in the Republic of Armenia (RA). The endowment funds can significantly support the RA HEIs to engage new financial resources, to expand the scopes of financial autonomy and further develop cooperation with their main stakeholders.

scholarly journals Outsourcing as an Alternative for Higher Education Financing (HEF) in Nigeria: The Case of Adamawa State University Mubi, Gombe State University and Taraba State University, Nigeria

2018 ◽  
Vol 14 (16) ◽  
pp. 263 ◽  
Author(s):  
Mohammed Danjuma ◽  
Sani Ahmed Yauta ◽  
Musa Jerry
Keyword(s):  
Higher Education ◽  
Higher Education Finance ◽  
University Education ◽  
State University ◽  
Cross Sectional Survey ◽  
Alternative Source ◽  
Cross Sectional ◽  
Education Financing ◽  
Higher Education Financing ◽  
Financing Higher Education

Socio-political and economic issues relating to financing higher education is broadly deliberated and debated subject in many public mediums and academic gatherings in Nigeria, for over a decade to date. Altogether those deliberations and debates are grounded virtually on two basic principles of, financing adequacy and equitability. Inadequacy of education financing is blamed for the deterioration in the quality of education. Furthermore, inequitable resource allocation between federal and State universities in Nigeria forms part of the key issue in accomplishing efficiency of resource utilization which is missing in academic literatures addressing higher education financing in Nigeria. In the context of Nigeria, considering the practical experiences, especially in the operational mechanism of financing of Higher education, transparency and corruptions became a syndrome that ravishes the educational system. This study focuses on sources of higher education finance and the relative contribution of each source to educational development of the nation. At the same time, implications of the present financing mechanism on parity and efficiency of higher education if Outsourcing is introduced as an alternative source of funding in the subsector. This study examines the matters relating to Higher Education Financing at three levels; financial allocation, resources allocation and education output distribution. This study is exploratory cross sectional survey and collects both primary and secondary data from relevant literatures available. The study revealed that outsourcing is a means of Internally Generated Revenue (IGR) in higher institution and therefore serve as alternative means of financing higher education in broad and university education in particular. Therefore, this study recommends formal incorporation of outsourcing in financing of university education in Nigeria.

scholarly journals Financing higher education in function of the Serbian economic development

2021 ◽  
pp. 172-181
Author(s):  
Mlađan Dimitrijević ◽  
Sara Mijailović
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Education System ◽  
National Economy ◽  
Higher Education System ◽  
Public Benefits ◽  
Education Financing ◽  
Higher Education Financing ◽  
The Republic ◽  
Financing Higher Education

A higher education system, which is adequately managed, enables the availability, advancement and adequate application of knowledge and essential overall progress of the economy and society. Such public benefits are a relevant argument for the economy and society, and especially for the state, to support higher education financially and more broadly. The aim of the research is to point out the importance and necessity of the adequate budget financing of higher education in the Republic of Serbia, without neglecting other possible sources of financing in this area, while taking into account relevant modern challenges, the most significant advantages and dangers that the model of higher education financing in the Republic of Serbia should deal with. Modern and comprehensive approach to financing higher education in the Republic of Serbia is an important factor in the development of science, national economy and society as a whole, so the issue of financing this important area should get much more attention.

Paying the Piper: Higher Education Financing and Academic Freedom

2013 ◽  
Vol 46 (01) ◽  
pp. 110-113
Author(s):  
John Mark Hansen
Keyword(s):  
Higher Education ◽  
Academic Freedom ◽  
The State ◽  
Higher Learning ◽  
Market Economies ◽  
Education Financing ◽  
Higher Education Financing ◽  
Democratic Societies ◽  
The University ◽  
Institution Of Higher Learning

The university occupies a peculiar space in democratic societies with market economies. Higher education serves the cause of democracy by fostering a more able and enlightened citizenry and the needs of the economy by producing a more skilled and creative workforce. The university likewise depends on the state and the market for its resources, for the tuitions, the grants, the contracts, the licenses, the royalties, and the gifts that are the lifeblood of every institution of higher learning.

scholarly journals An Overview of the Theoretical Perspectives on Higher Education Financing (Implications for Educational Administration in Nigeria)

2021 ◽  
Vol 2 (23) ◽  
pp. 75-99
Author(s):  
Sani Ahmed Yauta ◽  
Keyword(s):  
Higher Education ◽  
Educational Administration ◽  
Theoretical Perspective ◽  
Policy Issues ◽  
Education Financing ◽  
Theoretical Perspectives ◽  
The World ◽  
Higher Education Financing ◽  
Historical Viewpoint ◽  
Financing Higher Education

The paper reviewed some theories that explain higher education financing. Some aspect of these theories is compared in terms of the theoretical perspective on financing higher education. The historical viewpoint and the tenant of the theories give an insight and possible solution to higher education financing. The purpose of the paper is to illuminate an important policy issues on financing higher education the world over and to contribute to the general debate on the contribution of theories in explaining the main issue of financing higher education.

Native Approaches to Decolonising Education in Institutions of Higher Learning

2000 ◽  
Vol 28 (2) ◽  
pp. 28-34 ◽  
Author(s):  
Polly Walke
Keyword(s):  
Higher Education ◽  
Indigenous Peoples ◽  
Higher Learning ◽  
Native Peoples ◽  
Institutions Of Higher Learning ◽  
The World

A growing number of Native scholars are involved in decolonising higher education through a range of processes designed to create space for Indigenous realities and Indigenous ways of managing knowledge. Basing their educational approaches on Indigenous ontologies and epistemologies, they are developing Indigenist approaches within higher education. Ward Churchill (1996:509), Cherokee scholar, explains that an Indigenist scholar is one who:Takes the rights of indigenous peoples as the highest priority …who draws on the traditions – the bodies of knowledge and corresponding codes of value – evolved over many thousands of years by native peoples the world over.

The Role of Financing Higher Education in Nigerian Universities in Achieving Sustainable Development

2021 ◽  
Vol 4 (4) ◽  
pp. 551-578
Author(s):  
Samir Mohamad Hassan
Keyword(s):  
Higher Education ◽  
Sustainable Development ◽  
Private University ◽  
Accurate Information ◽  
Community Initiatives ◽  
Higher Education Financing ◽  
The University ◽  
Financing Higher Education ◽  
The Impact

The current study aims to identify the role of financing higher education in Nigerian universities in the state of Kano and its impact on sustainable development. The study problem lies in the low funding of higher education in Nigerian universities, which will negatively affect the sustainability of higher education and sustainable development. The importance of the study is highlighted by highlighting the importance of financing higher education in Nigerian universities and the sources of obtaining this funding as one of the most important factors through which students can complete their studies. The study followed the qualitative approach with the aim of obtaining more accurate information about traditional higher education financing sources and its impact on the sustainability of education and achieving sustainable development. The study population reached the number of three Nigerian universities, which are a governmental, federal and private university, to learn about the impact of financing higher education in Nigerian universities on sustainable development. The sample of the study was about three out of five of those responsible for financing higher education in Nigerian universities. Also, the study followed unstructured or open interviews in order to obtain more information about financing higher education and whether or not it is suitable for the idea of a monetary endowment. The results of the study showed that the sources of financing for higher education in traditional Nigerian universities are varied, including what can be obtained through the endowment and donations fund that can be made through community initiatives, and the results of the study also indicated that the idea of a monetary endowment faces great challenges in its application, so the idea is subject to acceptance and rejection. According to the nature of the university and the nature of the subjects taught. The study recommended the necessity of expanding the study of the impact of financing higher education in Nigerian universities by expanding the scope of study to include all Nigerian states.

PENDIDIKAN ETIKA REKA BENTUK DALAM PROGRAM INDUSTRI KREATIF DI INSTITUSI PENGAJIAN TINGGI MALAYSIA [DESIGN ETHICS EDUCATION FOR CREATIVE INDUSTRIES PROGRAMMES IN MALAYSIAN HIGHER EDUCATION INSTITUTIONS]

2022 ◽  
pp. 118-134
Author(s):  
MOHD AFIQ RIDHWAN TARMIZU ◽  
BALAMURALITHARA BALAKRISHAN ◽  
MUHAMMAD FADHIL WONG ABDULLAH
Keyword(s):  
Higher Education ◽  
Ethics Education ◽  
Higher Education Institutions ◽  
Higher Learning ◽  
Creative Industry ◽  
Ethical Aspects ◽  
Design Ethics ◽  
Ethical Education ◽  
Institutions Of Higher Learning ◽  
Industry Professionals

Nowadays, the creative industry is rapidly developing with various technologies and creativity moving forward. However, problems and issues involving ethical aspects are still often seen on social media, television and print media, it clearly shows the lack of values and ethical aspects of the individual in the production of designs. Therefore, this study is conducted to propose the guidelines on ethical education design for creative industry programs in the institutions of higher learning. The objective of this study is to evaluate students' behavior towards design ethics among students of higher education institutions, evaluate teaching practices implemented by educators of higher education institutions as well as to assess challenges related to design ethics faced by creative industry professionals in submitting proposal regarding ethical education guidelines for creative industry programs. This study uses quantitative method which is the survey method in which questionnaires are distributed to respondents. For the sampling of studies, which is stratified sampling that refers to individual specific characteristic features in terms of his/her involvement in the creative industry. The numbers of respondents were 164 for the students, 108 respondents for the teaching staff and 89 respondents were from creative industry professionals. The findings of this study that are based on the mean value and standard deviation from the data collected through the survey study, show that students' behavior on ethical aspects is an important aspect of design ethics. Meanwhile, for the lecturers, the teaching practices implemented show that ethical aspects are a crucial element in the teaching sessions. Next, for the creative industry professionals, ethical aspects are considered as an important element in facing the challenges regarding design ethics. This is explained through the findings of students, lecturers and creative industry professionals through high recorded mean value. Therefore, it is clear that ethical aspects are a vital element to these three groups. Thus, a guideline on ethical education design for creative industry programs in institutions of higher learning is produced through the findings. Hence, this study provides a module on design ethics education that can be practiced in creative industry programs in Institutions of Higher Learning in Malaysia.

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