Higher Education, From Public Service To Consumer Product
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.