Monday, November 1, 2010

Higher Education's Uncertain Financial Future

Could student services withstand a 40% cut to higher education funding? Watching what happens in Britain in the coming years could provide answers to that question. Massive cuts in British higher education are coming.

Inside Higher Ed reports that "The Comprehensive Spending Review unveiled [in the middle of October] includes a reduction in the higher education budget of £2.9 billion – from £7.1 billion to £4.2 billion – by 2014-5."  The government has indicated that future funding priorities will centre around science, technology, engineering and mathematics.

The article does not provide any details on how student services will be impacted, but the full Browne Report, or the Independent Review of Higher Education Funding and Student Finance, can be found here.

Aside from understanding the Browne Report's recommendations, an area I am interested in exploring more, and will do so in the coming weeks, is to understand how the British higher education funding model compares to other countries around the world. That being said, it is widely known that many governments, including the Canadian federal and nearly every provincial government, are struggling to manage large debts so its quite conceivable that cuts on a similar scale could be made elsewhere. If that is the case then I cannot help but wonder how student services will fair. 

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