 University funding and student funding: international comparisonsBen Jongbloed and Hans Vossensteyn Oxford Review of Economic Policy, 2016, vol. 32, issue 4, 576-595 Abstract: In this article we compare the mechanisms for funding higher education institutions across a set of OECD countries. First, some data on public and private funding levels are presented. The article then discusses two important trends: (i) the increased presence of cost sharing and (ii) the move towards performance-based funding. We show where countries differ in terms of the fees paid by students and the financial support received by students. Using the degree of output orientation and the degree of centralization as dimensions to classify the various countries’ funding mechanisms, differences may be shown between countries. Reforms in funding approaches, inspired by new public management thinking, are discussed. One such reform is the introduction of performance agreements that increasingly underlie the public budget of universities. We focus on the drivers of the reforms and the question of whether these reforms actually matter for the performance of national higher education systems—for instance on the issue of student completion rates. Keywords: higher education policy; cost sharing; performance management; education (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:oup:oxford:v:32:y:2016:i:4:p:576-595. Access Statistics for this article Oxford Review of Economic Policy is currently edited by Christopher Adam More articles in Oxford Review of Economic Policy from Oxford University Press and Oxford Review of Economic Policy Limited |
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