Economics at your fingertips  

Changes in Higher Education Public Funding During Economic and Financial Crisis

Vesna Skrbinjek and Dusan Lesjak
Additional contact information
Vesna Skrbinjek: International School for Social and Business Studies, Slovenia
Dusan Lesjak: International School for Social and Business Studies, Slovenia

from ToKnowPress

Abstract: European higher education systems are at stake, since global economic and financial crisis emerged in 2009. The aim of the paper was to test the research question: How did higher education funding change in response to the crisis (compared with pre-crisis period)? We observed changes in higher education funding during crisis through three indicators in comparative perspective to pre-crisis period. We found that we cannot provide any clear patterns, since there are different responses to the crisis resulting from different funding traditions. Nevertheless, we also found significant differences in expenditures on tertiary education as % of GDP between two groups of countries. Countries that invested high levels of funding on tertiary education before the crisis did also increase their investment during the crisis. On the other hand, we found no significant differences between groups of countries regarding two other indicators, namely the annual expenditures for public and private tertiary education institutions per student and financial aid to students.

Keywords: higher education funding; higher education budget; economic crisis; financial crisis; higher education benefits (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) full text (application/pdf) Conference Programme (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this chapter

More chapters in Human Capital without Borders: Knowledge and Learning for Quality of Life; Proceedings of the Management, Knowledge and Learning International Conference 2014 from ToKnowPress
Bibliographic data for series maintained by Alen Jezovnik ().

Page updated 2020-06-23
Handle: RePEc:tkp:mklp14:1377-1386