Features of Funding for Higher Education in European Countries and in the Russian Federation in the Light of Reforms
Features of Funding for Higher Education in European Countries and in the Russian Federation in the Light of Reforms

Summary/Abstract: Modern education reforms undertaken in the countries all over the world have inevitably affected the management and funding system of education. The tendency towards decentralization of management of education is the most expressed in many countries. However, the state budget is still responsible for education funding. Taking into account national peculiarities in the sphere of funding, there are various approaches and schemes. As international experience shows, a state participation in higher education funding leads to its gradual reduction with a simultaneous increase of the share of extrabudgetary funding at the expense of the entities, public granting organizations, government programs, and students. It should be noted that basic approaches and methods of education funding change, depending on the economic situation in the specific country.

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