Tertiary Education for the Knowledge Society

Volume 1 and Volume 2

image of Tertiary Education for the Knowledge Society
This book provides a thorough international investigation of tertiary education policy across its many facets – governance, funding, quality assurance, equity, research and innovation, academic career, links to the labour market and internationalisation. It presents an analysis of the trends and developments in tertiary education; a synthesis of research-based evidence on the impact of tertiary-education policies; innovative and successful policies and practices that countries have implemented; and tertiary-education policy options. The report draws on the results of a major OECD review of tertiary education policy – the OECD Thematic Review of Tertiary Education -- conducted over the 2004-08 period in collaboration with 24 countries around the world.

“The new ‘bible’ of Post-secondary education.”

-Paul Cappon, President of the Canadian Council on Learning

 “An exceptionally useful and interesting review.”

-Tom Boland, Chief Executive, Higher Education Authority of Ireland

 “The reference text for the future debate on tertiary education.”

-José Joaquín Brunner, Professor and Director,

Centre for Comparative Education Policies, University of Diego Portales, Chile



English Also available in: Hungarian

Matching Funding Strategies with National Priorities

Funding mechanisms are especially important in shaping tertiary education outcomes in areas such quality, efficiency, equity and system responsiveness. This Chapter analyses approaches to funding tertiary education which assist tertiary education systems achieve their goals.51 It reviews a number of principles for funding tertiary education, provides an overview of approaches to funding tertiary education in participating countries, and summarises the empirical evidence on the impact of specific approaches to funding tertiary education. It includes overall funding strategies, mechanisms to allocate funds to individual tertiary education institutions (TEIs), and strategies to assist students cover the costs of their participation. Particular attention is given to policy initiatives in participating countries. The Chapter concludes with a set of policy options for countries to consider.


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