[Education Anatomy] Universities to be assessed by four new measures for performance demonstration

Universities will need to prove their successful performances across four measures to receive funding, including graduate employment outcomes.

university funding Source: AAP

As government spending on bachelor-level courses will rise by approximately $80 million annually from next year, it would be worth an average of $1.88 million for each university in 2020.

It is estimated that 86 per cent of available funding under the scheme would be allocated next year, and any unallocated funding will still be directed to the university system but conditions would be imposed on underperforming universities.

Experts argue that performance measures can be complex and challenging, and that it is important to contemplate to find a proper model to implement the measures.

The full story is available on the podcast above.

Ms Sumin Lee is a regular contributor to SBS Korean Program in charge of ‘Education Anatomy’. Source: SBS KOREAN