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Reviews of National Policies for Education: Tertiary Education in Colombia 2012

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In Colombia, the beginning of a new century has brought with it a palpable feeling of optimism. Colombians and visitors sense that the country’s considerable potential can be realised, and education is rightly seen as crucial to this process. As opportunities expand, Colombians will need new and better skills to respond to new challenges and prospects.

The government is therefore determined to address key challenges confronting tertiary education in the country: expanding enrolment and improving equity, increasing quality and relevance, and making governance and finance more responsive. Colombia has more than a decade of progress under its belt, and the energy to reach ambitious policy goals. Getting there in practice will involve dialogue and consensus-seeking among all stakeholders, as well as new resources and new rules.

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Financing of tertiary education in Colombia

This chapter examines the availability of financial resources in support of Colombia’s tertiary education development, looking in particular at resource mobilisation, utilisation and allocation.

The chapter closes with a summary of main findings and recommendations, including suggestions addressing the need to (i) increase public funding in tertiary education, (ii) reach a more equal distribution of public subsidies among public tertiary education institutions, and (iii) introduce performance-based mechanisms to allocate public resources to tertiary education institutions.

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