The observatory analyses both the evolution of funding over the last year (2013-2014) and longer-term developments in university funding since 2008, also taking into account the impact of inflation, changes in student numbers, and the evolution in terms of countries’ gross domestic product.
EUA reaffirms its position that funding for higher education institutions should not be seen by governments as expenditure but rather as an investment in Europe’s future. Europe’s global regional competitors are investing heavily in universities and the next generation of young people, who will be the innovators of tomorrow. Increased investment in higher education and research to mobilise the potential and capacities of present and next generations of young people, therefore, is the “sine qua non” for Europe to exit the economic crisis and achieve future prosperity.
See also: Public Funding Observatory