Student Financing of Higher Education A Comparative Perspective International Studies in Higher Education Series

The financing of higher education is undergoing great change in many countries around the world. In recent years many countries are moving from a system where the costs of funding higher education are shouldered primarily by taxpayers, through government subsidies, to one where students pay a larger share of the costs. There are a number of factors driving these trends, including:

• A push for massification of higher education, in the recognition that additional revenue streams are required above and beyond those funds available from governments in order to achieve higher participation rates
• Macroeconomic factors, which lead to constraints on overall government revenues
• Political factors, which manifest in demands for funding of over services, thus restricting the funding available for higher (tertiary) education
• A concern that the returns to higher education accrue primarily to the individual, rather than to society, and thus students should bear more of the burden of paying for it

This volume will help to contribute to an understanding of how these trends occur in various countries and regions around the world, and the impact they have on higher education institutions, students, and society as a whole. With contributions for the UK, USA, South Africa and China this vital new book gives a truly global picture of the rapidly changing situation

1. Introduction Donald E. Heller
   
   Section I: Cross-National Issues in Student Financing of Higher Education
2. The Politics of Student Funding Policies from a Comparative Perspective Pamela Marcucci
3. Student Loan Schemes in Practice: A Global Perspective Adrian Ziderman
4. The Teachings of Student Debt Jeffrey J. Williams
5. Information Constraints and Financial Aid Policy Judith Scott-Clayton
6. Paying for For-Profit Higher Education: Implications of the United States Case
   Kevin Kinser
7. The Funding of Part-time Undergraduates Students Claire Callender
8. "Global Graduates," Student Mobility and the Funding of Higher Education
   Rachel Brooks and Johanna Waters
   
   Section II: Country and Regional Studies
9. Student Financing in the Developing World: Sub-Saharan Africa Pundy Pillay
10. Student Finance in Asia: Privatization Amid Decisive Inter-sectoral Difference

Daniel C. Levy and Prachayani Praphamontripong Kanwar

11. Student Financing in Chinese Higher Education Po Yang and Baoyan Cheng
12. Institutional Contributions to Financing Students: Trends in General Subsidies, 1987-2007

Barrett J. Taylor and Christopher C. Morphew

13. Conclusion Claire Callender and Donald E. Heller

Donald E. Heller is Dean of the College of Education and Professor in the Department of Educational Administration at Michigan State University.

Claire Callender is Professor of Higher Education Policy at Birkbeck College and Professor of Higher Education Studies at the Institute of Education, University of London.