With college enrollments mushrooming in many nations but public support generally unable to keep up, the world is seeing a historic swing from public to private financing of higher education, according to a report scheduled for release today by the Institute for Higher Education Policy.
That shift has become evident in a number of ways. First and foremost, more students and their families are paying their own way as countries impose tuition. And institutions themselves are looking for private cash in new ways, collaborating with businesses and starting up fund-raising departments.