The paper compares and contrasts higher education funding sources and systems in the U.S. and the UK. The issues raised in the paper pertain to the major challenge of academia: finding financial support in times of limited resources and enhanced competition. The issues discussed throughout the paper are: funding and quality assessment of universities; funding and equity of access to post-secondary education; marketization and privatization of universities; funding, autonomy and accountability of higher education institutions.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
16417.
Find related papers by JEL classification: A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
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