The fiscal crisis facing the economy has led to withdrawal of the state from major sectors of the economy including education. With the advent of the liberalized economic policy the private sector has been playing a pivotal role in the economic development. Higher education ceases to be the 'merit good' and the universities are encouraged to…

Budget 2019 brings welcome investments for students. It does not address however, key challenges facing Canada's colleges and universities, resulting from stagnant government funding for core operating costs. Budget 2019 commitments to making post-secondary more affordable average around $650 million per year for five years and include investments…

Evidence of greater economic stratification brings challenges to higher education's enrollment of low-income students. With a growing proportion of potential college students coming from low-income households, increasing their post-secondary participation rate is vital in developing and growing the pool of educated individuals for the labor force…

Higher education employees often participate in university-sponsored defined contribution pension plans that place the investment decision responsibility upon them. In order to examine investment decision-making behavior with retirement savings plans we investigated attitude-mediated, individual difference determinants of risky decision-making…

The college financial aid system imposes an implicit asset tax that is prevalent and substantial. Facing this tax, rational families should reduce their total assets and shelter assets in protected categories. I find that the tax induces a 7-12% reduction in total assets, a result in line with the literature. Furthermore, I find evidence that…

The people of the Kingdom of Belgium (Royaume de Belgique) at the close of the nation's first century of independence, have systems of schools and allied institutions of wide variety designed to guide and aid their citizenry in proper development from earliest infancy to and during the adult years. Living in a territory long inhabited by virile,…