Funding Higher Education

Funding of higher education has been a subject of hot debate in the recent years. The transition from welfare to market/knowledge economy has marked a corresponding shift in the controlling paradigms. The mushroom growth of academic institutions and universities in the country has led to the deterioration of quality in the dissemination of knowledge, both in the humanities and technology. While most of the institutions of higher learning are supported by the government, there has emerged a school of thought which strangly advocates the privatization of education. The pressing challenge of the present decade is to find an appropriate paradigm to reconceptualize and restore the quality of higher education. A realistic appraisal of fiscal aspect is a preliminary task that cannot be ignored. Dr. Kulavelil has examined the genesis of self-financing colleges in India. The present book makes a rich contribution to the subject of funding education and offers pragmatic solutions.