Higher education finances lie at the crossroads in many Western countries. On the one hand, the surging demand of the past three or four decades, driven by a belief in higher education as a principal engine of social and economic advancement, has led to dramatic growth of the higher education systems in these countries. On the other hand, this growth in demand was accompanied by rapidly increasing per-student cost pressures at a time when governments seemed increasingly unable to keep pace with these cost pressures through public revenues. Hence, worldwide, the most common approach to the need for increasing revenue was to use some form or forms of cost sharing, or the shift of some of the higher educational per-student costs from governments and taxpayers to parents and students. This raises several important challenges to higher education systems. First, there is the political and social controversy associated with most forms of cost-sharing, particularly with tuition fees. Secondly, there are important issues in terms of the broad context of social policy, such as the role of families and students and the relationship that the state establishes with each of them. Third, there is the comparison of alternative instruments of cost-sharing and the direct and indirect effects of each of them, notably in terms of educational equality. Overall, underlying cost-sharing debates are fundamental questions about social choice, individual opportunities, and the role of government in society.

Higher education functions in a global environment of consumers, employees, competitors, and partners. It has been a force for globalization and a model for adaptation, but nonetheless faces challenges. This volume of essays examines emerging issues and opportunities for advancing education across borders.The demands upon and need for higher education have never been greater at both the individual and societal levels, and the avenues for pursuing the mission of higher education have greatly expanded due to globalization. This volume examines how strategically minded institutions can better fulfill their mission in a global environment while promoting international collaboration and strengthening the world economy. Chapter authors include prominent senior administrators from higher education and leading researchers on higher education and globalization. They provide new and actionable information to enhance decision making and inform strategic planning as well as a contemporary examination of the business of higher education and areas of potential new research.This book is an excellent resource for academic administrators, as well as for researchers and students in business, management, economics, education, and public sector economics.

Higher education finances lie at the crossroads in many Western countries. On the one hand, the surging demand of the past three or four decades, driven by a belief in higher education as a principal engine of social and economic advancement, has led to dramatic growth of the higher education systems in these countries. On the other hand, this growth in demand was accompanied by rapidly increasing per-student cost pressures at a time when governments seemed increasingly unable to keep pace with these cost pressures through public revenues. Hence, worldwide, the most common approach to the need for increasing revenue was to use some form or forms of cost sharing, or the shift of some of the higher educational per-student costs from governments and taxpayers to parents and students. This raises several important challenges to higher education systems. First, there is the political and social controversy associated with most forms of cost-sharing, particularly with tuition fees. Secondly, there are important issues in terms of the broad context of social policy, such as the role of families and students and the relationship that the state establishes with each of them. Third, there is the comparison of alternative instruments of cost-sharing and the direct and indirect effects of each of them, notably in terms of educational equality. Overall, underlying cost-sharing debates are fundamental questions about social choice, individual opportunities, and the role of government in society.

The current era in higher education is characterized by increased need for accountability and fiscal constraint coupled with demands for increased productivity. Higher education is expected to meet the demand of changing student demographics, as well as requests for research and service from government and industry. To preserve the academy's ability to meet these demands, the editors and contributors to this volume argue that, while change is inevitable and desirable, any radical alterations to the practices that have established and upheld the excellence of higher education in the United States must be carefully considered.The editors and contributors cherish the best ideals of higher education: academic freedom, commitment to both inquiry and teaching, and preservation of an independence of mind and spirit in the face of external pressures. At the same time, the authors of these essays also reflect upon the failings of higher education, including problematic historical legacies such as racism, sexism, and anti-semitism. "In Defense of American Higher Education" is a careful analysis of what we have inherited, undertaken with a critical eye for constructive reform. It will be of interest to anyone concerned about the future of American higher education.

No issue in higher education is as salient, or as controversial, as finance. As demand for higher education around the world grows, so do the costs associated with it, especially as governments shoulder less of the burden. Tuition fees rise and student loan debt grows. Who pays for these surging costs? Who "should" pay?

D. Bruce Johnstone and Pamela N. Marcucci examine the universal phenomenon of cost-sharing in higher education--where financial responsibility shifts from governments and taxpayers to students and families. They find that growing costs for education far outpace public revenue streams that once supported it. Even with financial aid and scholarships defraying some of these costs, students are responsible for a greater share of the cost of higher education.

Featuring comprehensive economic and policy data, the authors' international comparative approach shows how economically diverse countries all face similar cost-sharing challenges.

So, who "should" pay for higher education? While cost-sharing is both politically and ideologically debated, Johnstone and Marcucci contend that, for almost all countries, it is imperative for the financial health of colleges and universities, bringing better efficiency, equity, and responsiveness.

"Financing Higher Education Worldwide" combines sophisticated economic explanations with sensitive political and cultural analyses of the financial pressures facing higher education throughout the world.

No issue in higher education is as salient, or as controversial, as finance. As demand for higher education around the world grows, so do the costs associated with it, especially as governments shoulder less of the burden. Tuition fees rise and student loan debt grows. Who pays for these surging costs? Who "should" pay?

D. Bruce Johnstone and Pamela N. Marcucci examine the universal phenomenon of cost-sharing in higher education--where financial responsibility shifts from governments and taxpayers to students and families. They find that growing costs for education far outpace public revenue streams that once supported it. Even with financial aid and scholarships defraying some of these costs, students are responsible for a greater share of the cost of higher education.

Featuring comprehensive economic and policy data, the authors' international comparative approach shows how economically diverse countries all face similar cost-sharing challenges.

So, who "should" pay for higher education? While cost-sharing is both politically and ideologically debated, Johnstone and Marcucci contend that, for almost all countries, it is imperative for the financial health of colleges and universities, bringing better efficiency, equity, and responsiveness.

"Financing Higher Education Worldwide" combines sophisticated economic explanations with sensitive political and cultural analyses of the financial pressures facing higher education throughout the world.