The Scientific and Theoretical Foundations of Financing Higher Education
Abstract
This study explores local and global viewpoints on funding systems and their efficacy while examining the theoretical and scientific underpinnings of higher education financing. Even while a lot of research shows that state and non-state finance is essential for improving the quality, equality, and efficiency of education, there are still unanswered questions about the precise approaches needed to create sustainable financing models in rising countries. The research used a literature review methodology to identify funding model trends and assess their effects on equality, quality, and access to education. According to the findings, creative funding strategies—such as public-private partnerships—are crucial for boosting enrollment and funding studies. According to the findings, specific funding structures are required to address issues of equity in higher education and promote sustainable educational progress.
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