Higher Education Access and Funding: Challenges and Policy Options - Session 2: Funding

For more on this event, visit: bit.ly/3ypl0u2
For more on the Global Economic Challenges Network, visit: global.georget...
To refer to the slides used in the presentations, visit: bit.ly/44MOf5Y
For GEC Network's UA-cam Playlist: bit.ly/3BCgF2i
X/Twitter: / globalgtown
May 14, 2024 | The rising costs of tertiary education have imposed an increasing private financial burden on graduates, many of whom must embark upon post-college life with substantial levels of debt. For example, in the United States over the past 20 years posted tuition and fees at private national universities have increased about 40%, even adjusting for inflation, while tuition and fees at public national universities have risen by about 38% for out-of-state students or 56% for their in-state counterparts. This experience has not been unique to the United States with large tuition increases occurring in other countries. Concurrently, the opportunities to access tertiary education remain unequal and are likely to be exacerbated by these growing costs.
To address these issues, governments have adopted a range of polices to alleviate student debt while expanding access to educational opportunities. Such policies can have both fairness and fiscal cost implications, and-depending on the mix of specific measures pursued-may not address the root causes of increasing tertiary costs, nor the possible tradeoffs between quality, cost, equity, and the broader social benefits of research. This one-day academic conference will feature sessions on addressing the challenges with expanding access to higher education and their associated funding systems and a policy panel on what lessons we can learn from models and experiences from around the world.