Global Trends in Funding Higher Education

Abstract

1. Changing global demographics g g g g p 2. Increasing global student mobility 3. Higher education as a global market 4. Declining public funding for higher education 5. Increasing private involvement in higher education 6. Student as customer 7. Transnational higher education 8 Strategic alliances partnerships and networks 8. Strategic alliances, partnerships and networks 9. Education hubs 10. The rise of Asia and the decline of the West? 10. The rise of Asia and the decline of the West? CHANGING GLOBAL DEMOGRAPHICS CHANGING GLOBAL DEMOGRAPHICS • Declining birth rates in high income countries. • Asia, Africa and Latin America contribute 97% of the population growth to 2030. • Higher birth rates larger populations and lack of local • Higher birth rates, larger populations and lack of local higher education capacity a key driver in global student mobility. Ri f th BRIC i • Rise of the BRIC economies. • Massification of higher education. • Skills shortages in high income countries – international S s s o tages g co e cou t es te at o a student recruitment and migration as a part solution. • Ageing populations and lower birth rates lead to funding pressures on services like higher education provision pressures on services like higher education provision.