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Public-private substitution in higher education: has cost-sharing gone too far?

Carpentier, V; (2012) Public-private substitution in higher education: has cost-sharing gone too far? Higher Education Quarterly , 66 (4) pp. 363-390. 10.1111/j.1468-2273.2012.00534.x. Green open access

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Abstract

This paper looks at the current challenge facing higher education by exploring the historical relationship between higher education funding and long economic cycles in the UK, USA and France. It examines the consequence of the transformation of public-private income in higher education that followed the 1970s downturn, questioning whether the rise of private resources acted as additional or substitutive resources for public spending. The paper suggests that there is a risk that the cost-sharing strategy could be turned into a policy of public-private substitution of funding and provision, leading to a transfer rather than an increase of resources with strong implications on quality and equity. However, the Kondratiev cycle suggests an alternative route by designating the impact of the 1970s economic downturn on education as unique. Previous economic crises were contemporary of accelerations of public funding towards education which in fact contributed to economic recovery. The current crisis could represent an opportunity to revive counter-cyclical policy by looking not only at efficient public spending but also at developing fairer taxation. A revival of public funding complemented by an additional rather than substitutive diversification of income would rebalance the public-private structure of funding and drive a sustainable higher education system capable of playing a key part in these counter-cyclical transformations.

Type: Article
Title: Public-private substitution in higher education: has cost-sharing gone too far?
Open access status: An open access version is available from UCL Discovery
DOI: 10.1111/j.1468-2273.2012.00534.x
Publisher version: http://dx.doi.org/10.1111/j.1468-2273.2012.00534.x...
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Higher education, Governance and policy, Disciplines, Society
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > School of Education
UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education
UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education > IOE - Education, Practice and Society
URI: https://discovery.ucl.ac.uk/id/eprint/1527780
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