Funding for higher education study is always a hot topic – especially for postgraduate study, where the fees are typically high.
Over the years we have seen a subtle but noticeable shift in how students are funding themselves for their postgraduate studies. Whilst in the early 2000’s, many firms were only too happy to support developing their top managers and leaders of the future by paying their fees, now the landscape has changed to that of a greater proportion of self-funded students. In particular we have seen a growing number of students who are not only funding themselves through bank-based loans, but increasingly through family support as well.
We have the ongoing economic crises from 2008 to blame for that of course, and whilst corporate sponsorship for students is dramatically reducing, the desire for postgraduate study is not. Hence a funding gap exists and is growing ever wider.
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