Financing of Higher Education: Traditional Approaches and Innovative Strategies

This book examines higher education financing and explores innovative practices in India, Russia, and Tanzania. It discusses various financing modes, resource mobilization strategies, and external financing policies. It is a valuable resource for students, educators, and policymakers interested in alternative and innovative practices in higher education financing.

Format: Hardback
Length: 265 pages
Publication date: 25 January 2023
Publisher: Springer Verlag, Singapore

This comprehensive book delves into the intricate realm of higher education financing, offering a thorough review and analysis of the various approaches employed by both public and private higher education institutions in the context of globalization. Through a case study approach, it explores the diverse policy discourses that shape the higher education systems in India, Russia, and Tanzania, drawing upon evidence-based research to shed light on their impact. The book is organized into four major themes, each addressing key aspects of higher education financing.

Part 1 explores the diverse modes of financing higher education, including the credit market and voucher system. It examines the advantages and challenges associated with each approach and discusses the potential for innovation and sustainability in financing private higher education institutions.

Part 2 focuses on strategies to mobilize resources for higher education, exploring both public and private funding sources and the role of government policies in promoting access and equity. It also examines the challenges faced by higher education institutions in resource mobilization, such as limited government funding and the need for private sector engagement.

Part 3 delves into innovative and sustainable approaches to financing private higher education institutions. It explores alternative financing models, such as student loan programs, private equity investments, and philanthropic support, and discusses the potential for these approaches to address the funding challenges faced by private higher education providers.

Part 4 examines the policies and limitations associated with external financing of higher education, including international aid, student loans, and private equity investments. It explores the challenges and opportunities associated with these financing sources, such as the potential for sustainability, equity, and accountability, and discusses the need for effective policy frameworks to support these initiatives.

Throughout the book, serious researchers contribute their expertise and insights into the various themes, providing a rich and informative resource for students, educators, and policymakers interested in alternative and innovative practices in higher education financing. The book is particularly valuable for researchers seeking to gain a deeper understanding of how social and political dynamics impact higher education financing, offering valuable insights into the complex interplay between these factors.

In conclusion, this comprehensive book is a valuable addition to the literature on higher education financing, offering a comprehensive and insightful exploration of the diverse approaches employed by both public and private higher education institutions in the context of globalization. It is an excellent read for students, educators, and policymakers interested in alternative and innovative practices in higher education financing, and will undoubtedly contribute to the ongoing discourse on this critical issue.

Weight: 606g
Dimension: 235 x 155 (mm)
ISBN-13: 9789811973901
Edition number: 1st ed. 2023