Because most private higher education institutions in the US (and elsewhere) are nonprofit, they face a different incentive structure.
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And that is the close and increasingly close collaboration between public higher education and indeed much of private higher education in the United States and private industry.
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Critics of tuition hikes say that private higher education has become a luxury that only Goldman Sachs bankers or Google employees with lucrative stock options can afford for their children.
Private higher education is becoming financially unsustainable.
It showed that public and private spending on higher education in the UK is 1.3% of GDP - below the OECD average of 1.5%.
They accepted the premise that public outlays could and should be replaced by private funding wherever a higher education manager expressed an eagerness to try.
If the private sector could provide mass higher education, they would.
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Although branding has traditionally been associated with the private sector, more and more higher education institutions are recognizing its value and adopting it.
And those widening gaps, those widening salary differentials, continue to widen because again once you internalise the notion of the higher education project being about private return for private investment then obviously individual members of the faculty begin thinking to themselves and understanding their mission in private rather than public ways.
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We hear more and more the term "human capital", a perfectly appropriate economic term, I use it quite often, others of you in this room have used it but it is used in the context of, again, education - higher education - being a private investment and with the expected higher private return for those individuals capable of making that investment.
BBC: NEWS | UK | Education | Higher education 'market' warning
Second, when government-supported higher education spending goes up, private sector non-education spending goes down.
The squeeze on state spending in higher education offers big opportunities for private-sector providers.
In the past decade, Afghanistan has seen the development of a younger professional class, much thanks to the opportunities of higher education offered by newly opened affordable private universities.
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By promoting technology innovation--whether through science competitions, higher education research labs or public-private partnerships that meet local needs--we can have a far-reaching and sustainable impact on the future while addressing the thirst for knowledge that fuels innovation around the globe.
Every day, I gave my best to prepare each of my students with the skills they need to enter the private sector, the military, or move on to higher education despite the challenging conditions at JCVS, such as its leaky roof and outdated technology in the classroom.
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Good quality, low-cost options for higher education abound (despite the rising price of private tuition), yet the children of poorly educated adults are less likely to make the necessary investment in education.
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But what is being lost, and certainly in danger of being lost, arguably being lost, is a public mission with regard to the higher education system in the United States - both the private and the public sector.
BBC: NEWS | UK | Education | Higher education 'market' warning
And he likely would have been flummoxed by the ever-increasing expense of higher education: The cost of a four-year private college rose 4.2 percent between the 2011-12 and 2012-13 school years, according to the College Board's Trends In College Pricing.
In Europe, the state's leading role in areas such as higher education, health care and civic amenities such as museums may have discouraged private philanthropy.
The Council, which will be administered by the U.S. Agency for International Development (USAID), will be comprised of no more than 12 individuals from a variety of sectors outside the Federal Government, including, among others, institutions of higher education, non-profit and philanthropic organizations, civil society, and private industry.
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Previously, he explained, students in higher education had to pay about 1 million bolivars a month to go to a private university.
They will review trends from rapid growth in student numbers to the surge in private provision, address emerging new dynamics and their policy implications, examine the social responsibility of higher education, and recommend measures to promote equity and stimulate innovation and research.
Mr. STEPHEN BURD (The Chronicle of Higher Education): There are two different major federal loan programs, one which involves private lenders and one in which the government gives out the money itself, and both of them would be affected here.
This aspiration compels it to promote industrial development and higher education, which has the inevitable effect of shifting much opinion and the power to make decisions to private citizens.
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