http://enews.ksu.edu.sa/wp-content/uploads/2011/10/UWN.jpgBy Roger Y Chao Jr. The privatisation of higher education has been advocated by governments as well as regional and international organisations as a way to fill the supply-demand gap left by the public sector, transfer the finance burden to higher education consumers – for example, students and industry – and increase the efficiency and relevance of higher education and the private returns to consumers.
This privatisation trend is not limited to developing nations, but is increasingly prevalent among developed – and even welfare state – nations. More...