In this paper, we engage with the Research Excellence Framework (REF) -- the UK government's national policy tool for competitive allocation of scarce research funding. Success on the terms of the REF provides guaranteed income for UK Universities for a 6- or 7-year period -- and as a result, we suggest that the REF operates as an asset-like…

This paper explores the contrast between the policy vision for public technical and vocational education and training (TVET) colleges in South Africa, and governance and funding models that have shaped institutional forms and functioning over time. Policy aspires for TVET colleges to play a role in social inclusion and local economic development.…

Investment committees have important governance responsibilities in assuring the successful management of college and university endowments and other institutional pools of capital. The success (or failure) of the investment committee has a large, direct impact on the resources available to the institution to attract and retain quality faculty,…

On July 20, 2015, the National Audit Office (NAO) published its report "Overseeing the financial sustainability in the further education sector." The NAO examined oversight of the financial sustainability of the FE sector in England, with specific focus on general further education colleges (GFECs) (excluding sixth form colleges (SFCs)).…

The OECD Higher Education Policy Survey (HEPS) is a new instrument developed by the OECD Higher Education Policy Team to gather comparative information on system features and characteristics of policies across OECD jurisdictions, to support policy analysis and peer learning. The first HEPS was fielded in 2020, to support the ongoing thematic…

Students of color continue to experience disparities in enrollment, retention and completion of postsecondary education -- a reality that's been exacerbated by the COVID-19 pandemic. In light of persistent and systemic inequities, policymakers are increasingly interested in exploring funding approaches that support greater access and attainment to…

This study explores the education governance system to deal with major public crisis in China. Specifically, the literature review on the emergency system of national education, the school's response to public crisis and public crisis education have been examined to analyze the comprehensive development of China's education governance system…

The Local Control Funding Formula (LCFF), signed into law by Governor Jerry Brown on July 1, 2013, represents the first comprehensive change in California's education funding system in 40 years. The LCFF eliminates nearly all categorical funding streams, shifts control of most education dollars from the state to local school districts, and…

Each year, funds from federal, state, and local sources are directed to provide special education and related services to nearly 725,000 students with disabilities in California. To increase equitable outcomes for these students, who comprise nearly 12 percent of California's K-12 population, state-decision-makers agree that more research and…

Japanese higher education policy since the 1990s has been more economic-centered and neo-liberal in nature than previous policy and is characterized by both governmentalism and managerialism. It is widely known that operating grants for national universities have been reduced since they became national university corporations. At the same time,…

More than 725,000, nearly 12 percent, of California's public school students receive special education and related services. Although more than half of those students spend 80 percent or more of the school day in a general education classroom, California's special education funding system may not be as inclusive as California's classrooms. This…

The effective use of school resources is a policy priority across OECD countries. The "OECD Reviews of School Resources" explore how resources can be governed, distributed, utilised and managed to improve the quality, equity and efficiency of school education. The series considers four types of resources: financial resources, such as…

Milwaukee's system of K-12 public education is distinct from many other urban school systems in the degree of educational choices offered to students and their families. This range of options has fostered intense competition among Milwaukee's K-12 schools over the past decade. While enrollment in traditional Milwaukee Public Schools (MPS) has…

In recent years, competition for K-12 enrollment in Wisconsin among traditional public schools, charter schools, and private schools using the state's voucher programs has intensified. Because elementary and secondary education finance in the state primarily is driven by enrollment, this has presented increasingly difficult fiscal conditions for…

This policy profile on education in Kazakhstan is part of the Education Policy Outlook series, which presents comparative analysis of education policies and reforms across Organisation for Economic Cooperation and Development (OECD) countries. Building on the OECD's substantial comparative and sectorial policy knowledge base, the series offers a…