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Higher education funding

Barr, Nicholas ORCID: 0000-0002-5325-2055 (2004) Higher education funding. Oxford Review of Economic Policy, 20 (2). pp. 264-283. ISSN 1460-2121

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Identification Number: 10.1093/oxrep/grh015


The expansion of higher education throughout the OECD – and beyond – is both necessary and desirable. But it is costly, and faces competing imperatives for public spending. Higher education finance is therefore salient to an extent that is not yet fully appreciated in all countries, and is also immensely sensitive politically. This paper sets out the core lessons for financing higher education deriving from economic theory and puts them alongside lessons from country experience. The UK reforms announced in 2004 are assessed against the backdrop of those two elements. A concluding section briefly maps out unfinished business.

Item Type: Article
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Additional Information: Deposited 23/06/2005. This is a pre-copy-editing, author-produced PDF of an article accepted for publication in the Oxford Review of Economic Policy following peer review. The definitive publisher-authenticated version [Higher Education Funding, vol. 20, no. 2, pp. 264-283 (2004)] is available online at: LSE has developed LSE Research Online so that users may access research output of the School. Copyright © and Moral Rights for the papers on this site are retained by the individual authors and/or other copyright owners. Users may download and/or print one copy of any article(s) in LSE Research Online to facilitate their private study or for non-commercial research. You may not engage in further distribution of the material or use it for any profit-making activities or any commercial gain. You may freely distribute the URL ( of the LSE Research Online website.
Divisions: European Institute
Subjects: L Education > LB Theory and practice of education > LB2300 Higher Education
H Social Sciences > HJ Public Finance
Date Deposited: 15 Feb 2008
Last Modified: 01 Apr 2024 08:13

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