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Resourcing Higher Education

Challenges, Choices and Consequences

image of Resourcing Higher Education

Investment in higher education in OECD countries has increased substantially over the last 20 years, as a result of higher enrolment, increasing costs, government priorities related to skills, and research and innovation. Faced with economic and fiscal challenges, public authorities across the OECD need now more than ever to make thoughtful decisions about how to mobilise, allocate and manage financial and human resources in higher education. Effective action on the part of governments requires knowledge of international trends and alternative policy approaches; evidence from research and policy evaluations; and the practical experience of peers in other countries. The OECD Higher Education Resources Project addresses these needs by providing an accessible international evidence base for policy makers in Resourcing Higher Education, and targeted system-specific analyses in upcoming policy briefs and national policy reviews.

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Mobilising financial resources for higher education

This chapter examines the way financial resources are mobilised for higher education systems, focusing on two basic questions all systems must answer: what level of financial resources should be raised for higher education and where will these resources come from? This chapter notes the increasing costs of higher education that necessitate rising levels of resource mobilisation, outlines constraints that shape resource mobilisation, and offers examples of the different choices governments have taken about “what level of resources to mobilise, and where from.” In higher education systems where household resources are mobilised, decisions must be taken about who will pay, how much they should pay and how households should be assisted in meeting study costs. The question of financial aid to students is taken up in Chapter 3, while the processes by which public revenues are allocated to higher education institutions are taken up in Chapter 4.

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