Over the past decades, there has seen a significant and consistent worldwide reform agenda for higher education financing policy. This paper is to analyze factors that keep driving these reform; to identify the reasons why governments and higher education keep searching for funding alternatives; to show the relationship among funding sources and paths; to discuss funding mechanisms and models adopted by some Asian and Western countries; and to discuss the effects of funding policy on student access, institute autonomy, competition, stability of institutes, quality and performance of education, responsiveness to market demands and fiscal burden.
"Higher Education Financing Policy: Mechanisms and Effects,"
Essays in Education: Vol. 5
, Article 4.
Available at: https://openriver.winona.edu/eie/vol5/iss1/4