TRENDS IN HIGHER EDUCATION FINANCING: A VIEW FROM BISHKEK

Abstract

"I would say that it is possible to provide a first-class education for a reasonable price, but only if the university works hard to ensure that it does not waste money and that it educates its various stakeholders as to what precisely it does with the money that it collects. Using this formula, AUCA will probably never look like Yale, but it will continue to be able consistently to produce students who can, after four years of baccalaureate education, compete successfully on the local, regional and international job markets, provide the brains and leadership that will allow Central Asian countries to grow and develop successfully, and challenge the best graduates of other world institutions when they choose to enroll in MA and PhD programs" --