Recession could pay dividends for higher education

Article Abstract:

Higher education in the UK could benefit from economic recession, with lecturers' wage expectations falling while top students could consider research rather than taking up employment with high commencement salaries. The government may widen access to higher education to maintain low unemployment statistics, while higher education facilities with loans will also benefit from a drop in interest rates. Stock market declines have comparatively little effect on UK universities, although US private universities with endowment funds have benefitted from the stock market boom.

Editorial, Economic indicators, Recessions

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The party's gold card

Article Abstract:

Russian universities and further education establishments are in severe financial difficulty because of a decreasing popularity in higher education and the de-communisation policies which have been put into place to bring the universities into line with the West. Approximately 100,000 less students applied for further education in 1993 than in 1985. Funding has to come from the individual or the private sector rather than from the state, although a 10% increase in fee paying students has been seen during 1995.

Education, Russian students

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Your economy needs you!

Article Abstract:

There are links between spending on education and economic development. Countries investing in education are better able to make use of technology and to compete in the world market. Education and rapid economic growth are linked and there does not appear to be a level at which marginal beenfits disappear. There is pressure on people to acquire new skills as technological change intensifies. Innovation is affected if research funding is cut back.

Education and state, Social policy, Education policy

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