In countries that once invested in free public university systems, higher education is increasingly becoming an investment option turned over to the private sector. This is not necessarily a bad thing.
BUENOS AIRES — In many if not most countries, it can no longer be assumed that the state will provide its population with higher education. Private university and university-level coursework has been expanding worldwide for decades, and its growth can be measured with the number of students enrolled in private higher education institutions — a third of all such students globally.
Private universities constitute a clear majority of higher-education institutions in some countries. In the United States and Latin America, private education is already well established. In Dubai and Bulgaria, it's a recent phenomenon. In Japan, South Korea, Indonesia and the Philippines, 70% of university students are in private institutions, while it is now more than half in Brazil, Colombia and Chile.