This paper examines the financial status of public universities in Ontario, Canada, and makes the argument that they are under-funded by the Ontario government. An opening section notes the recent announcement by the government of funding levels for 1992-93, 1993-94, and 1994-95 which are below the projected rate of inflation and suggests that…

This is the report of a finance review which examined long-standing inequities in education finance as well as current problems stemming from declining enrollment and sparse rural populations. An introduction provides the rationale for the review, along with the mandate set out by the Minister of Education, an overview of the organization and…