Reshaping of higher education in Asia: role of the private sector

This paper shows that higher education sector globally and in Asia moved from a state of decline and slow growth to a stage of fast expansion and revitalization. The sector has become dearer to public policy and private investment and it enjoys favourable public support, increased investment especially from non-government sources, diversified provisions, and programmes and experienced unprecedented expansion. More and more countries are showing less and less reliance on public funding support to expand higher education. The financial burden of expansion of the sector is steadily shifted to the parents and households.