By . Over the past few weeks, we’ve looked at some of the big changes going on in higher education globally. To wit:
- Higher education student numbers are continuing to rise around the world. This massification in many countries is being accompanied by stratification. Getting a “distinctive” degree at a prestige university remains hard; going abroad remains a good way of getting it. So increases in international student numbers are likely to continue, ceteris paribus.
- Institutions in developing countries are unlikely to increase their global prestige level any time soon. Climbing the ladder costs money most developing-world governments don’t have, and in any case, the definition of prestige is changing in ways that make it difficult for universities in developing countries to follow.
- Demographic forces have been a significant part of the rise in global student numbers; however, for the next decade or so, these trends will not be quite so favourable (though by 2030 they should be trending positive again).
- Similarly, the end of the commodity super-cycle means a lot of countries that were getting rich off the rise of countries like China are no longer getting richer, in developed-country currency terms, anyway (and even India is not doing well by this measure). This means at least some potential international students are looking for cheaper alternatives.
So what does all this mean? How do we sum up these trends. More...