What teaching really costs (working it out isn’t easy)

The government’s new funding model for undergraduate places is based on an analysis of what some universities spend on teaching, rather than what efficient teaching costs

In Features this morning Vin Massaro (Melbourne Centre for the Study of Higher Education)  critically considers the information underpinning the new funding rates.

“Without closer scrutiny, the current real savings in university funding that accrue to the government risk leading to a reduction in the quality of graduate outcomes and a reduction in the number of graduates.  That such major and far-reaching decisions should have been made on such a narrow information base raises serious concerns about their sustainability,” he writes.