Andrew Harvey writes in The Conversation (3.4.17) that, with signs of performance-based university funding already emerging in Australia, research from overseas reveals few benefits from this approach.
'Government funding for Australian universities could soon be based more on how students perform - including academic results, whether they complete uni and get a job – and less on the number of students universities manage to enrol. So why is this change likely?
'There are concerns that while more money is being spent on higher education, retention rates either haven’t improved or have decreased in some instances, and students are struggling to find well-paid jobs post graduation – or jobs at all.
'These issues are likely to translate into more performance-based funding.'