scholarly journals THE EFFECT OF FINANCIAL AUTONOMY IN TURKISH PUBLIC HIGHER EDUCATION FINANCING SYSTEM

2017 ◽  
Author(s):  
Eda Yilmaz
Keyword(s):  
Higher Education ◽  
Public Higher Education ◽  
Financing System ◽  
Financial Autonomy ◽  
Education Financing ◽  
Higher Education Financing

Financing Higher Education

2021 ◽  
Author(s):  
Bruce Chapman ◽  
Lorraine Dearden
Keyword(s):  
Higher Education ◽  
Student Loans ◽  
Cost Effective ◽  
Building Blocks ◽  
Student Loan ◽  
Critical Question ◽  
Financing System ◽  
Education Financing ◽  
Higher Education Financing ◽  
Targeted Assistance

The rapid worldwide growth in higher education undergraduate enrollments since around 1990 has meant that governments have had to rethink provision and funding arrangements to help ensure both cost-effective and equitable outcomes. It is important to understand in detail the fundamental financial conceptual building blocks that are necessary for an efficacious and socially just higher education financing system. In response to the critical question of who should pay for higher education and student income support, the case for the sharing of the costs between students, graduates, and taxpayers is overwhelming from the perspectives of both efficiency and equity. Further, there is a consensus that governments should intervene with respect to the underwriting of student loans, but there are very important and quite different implications for borrowers with respect to loan collection arrangements. The most equitable and effective higher education financing instrument involves loans that are repaid only when and if debtors can afford to do so, known as income-contingent loans. The less desirable form of student loans, defined by time-based collection, is internationally still the most common approach, but recent advances in economic theory and econometric methodology provide both conceptual bases and exciting and innovative ways for governments to understand why traditional student loan approaches are inferior to income-contingent collection. When the effects of student loans on access and welfare become more properly understood, the case for targeted assistance for all disadvantaged prospective students for reasons of social justice remains compelling. The importance of the attainment of the right financing system was highlighted by the economic trauma associated with the COVID-19 pandemic, an ordeal that caused many universities to experience an entirely unexpected financial crisis and led millions of students to struggle with unanticipated loan repayment difficulties.

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.

Verteilungseffekte der öffentlichen Finanzierung der Hochschulbildung in Deutschland: Eine Längsschnittbetrachtung auf der Basis des Sozioökonomischen Panels / The Distributional Effects of Public Higher Education Financing in Germany: A Longitudinal Approach based on the Socioeconomic Panel

2008 ◽  
Vol 228 (1) ◽  
Author(s):  
Sarah Borgloh ◽  
Frank Kupferschmidt ◽  
Berthold U. Wigger
Keyword(s):  
Higher Education ◽  
Tertiary Education ◽  
Sample Survey ◽  
Tax Burden ◽  
University Graduates ◽  
Public Higher Education ◽  
Distributional Effects ◽  
Education Financing ◽  
Higher Education Financing ◽  
Tax Payments

SummaryThis paper examines the distributional effects of public higher education financing in a lifetime perspective. The benefits that university graduates obtain in terms of their tertiary education are compared to the graduates’ education-related (tax) burden. To calculate the education-related tax burden, we resort to the proportionality approach and use data from the Socioeconomic Panel (SOEP) as well as from the Sample Survey of Income and Expenditure (EVS). We show that graduates benefit from positive net effects of public higher education subsidies because they do not pay back the costs of their tertiary education by their corresponding tax payments. We observe especially high net effects for health professionals, and especially low net effects for university graduates in law, economics, and social sciences. Compared to earlier studies, the absolute net effects have even increased for graduates. Based on the observed net effects we compute a differentiated system of tuition fees that take into account the varying net effects for the various university types and fields of study.

scholarly journals Higher education financing and the educational aspirations of teenagers and their parents

2021 ◽  
Vol 85 ◽  
pp. 102175
Author(s):  
Lena Hassani-Nezhad ◽  
Dan Anderberg ◽  
Arnaud Chevalier ◽  
Melanie Lührmann ◽  
Ronni Pavan
Keyword(s):  
Higher Education ◽  
Educational Aspirations ◽  
Education Financing ◽  
Higher Education Financing

scholarly journals Exploring the Reliability of Research Indicators Reported by Romanian Universities in 2019

2021 ◽  
Vol 5 (1) ◽  
pp. 96-122
Author(s):  
Vlad Ștefan Barbu ◽  
Florentina Furtunescu ◽  
Bogdan Murgescu ◽  
Carmen Pintilescu
Keyword(s):  
Higher Education ◽  
Research Performance ◽  
National Council ◽  
Comparative Performance ◽  
Research Section ◽  
Education Financing ◽  
Public Data ◽  
Additional Funding ◽  
Higher Education Financing ◽  
Verification Process

"The paper focuses on the aggregate data published by the National Council for Higher Education Financing regarding the research section of the quality indicators reported by Romanian public universities in 2019 and used for the allocation of the performance-based additional funding. The research section includes 4 indicators, which amount to 46% of the additional funding, i.e. to an average of about 10% of the total institutional funding from the public budget. The data are reported by the Romanian universities each odd year since 2015, and for the first time in 2020 national rankings for most indicators and some national averages have been made public. The data is extremely valuable for a diagnosis of the Romanian higher education system and for highlighting the performance of various universities. Therefore, the accuracy of these data is crucial. The authors of this paper acknowledge the efforts of the National Council for Higher Education Financing and of its staff provided by the Executive Unit for Financing Higher Education, Research, Development and Innovation to check the data reported by the universities, but also the limits of the current verification process. The paper uses statistical methods to identify outliers and investigates the rankings for a selection of fields of science, by using three among the four research indicators. Thus, it discusses some of the more blatant reporting anomalies which contradict the pre-existing conceptions regarding the comparative performance of universities. While the statistical findings do not support the suspicions of systematic attempts of over-reporting the research outcomes at university-level, they still outline several persisting errors. These errors highlight the need to strengthen the verification process, which will require additional resources; the authors suggest that enhanced transparency and organised cross-verification among universities can significantly improve the outcome, and help providing a significant set of reliable public data on the research performance of the Romanian universities."

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