Needed: Financing Policies That Are Both Affordable and Sustainable

Authors

  • Arthur M. Hauptman Independent

Keywords:

Free tuition fees, affordability, financial sustainability, financing policies, student aid policies, student loans

Abstract

Neither of the two predominant models of financing public higher education around the world manages to achieve both affordability and sustainability. Keeping tuition low provides affordability but fails to achieve financial sustainability and limits accessibility. High tuition/high aid models are more sustainable, but less affordable, resulting in more reliance on student loans. There is a consensus model that can make higher education affordable and sustainable without devoting a high percentage of GDP to higher education.

Author Biography

Arthur M. Hauptman, Independent

Arthur M. Hauptman is an independent public policy consultant specializing in higher education finance issues. Email: Art.Hauptman@yahoo.com.

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Published

2022-07-11

How to Cite

Hauptman, A. (2022). Needed: Financing Policies That Are Both Affordable and Sustainable. International Higher Education, (111), 5–6. Retrieved from https://ejournals.bc.edu/index.php/ihe/article/view/15319

Issue

No. 111 (2022): Summer Issue

Section

Articles

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Copyright (c) 2022 International Higher Education

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