On the financial policy of private higher education in South Korea,Malaysia and the Philippines
In South Korea,Malaysia and the Philippines private higher education institutions all account for over 85% in their higher education system.The number of students who study in them make up more than half of all students at school nationwide,even as high as 74%for a certain country.Such development trend is related to national development policy,funding policy and management policy,especially,government's funding policy is the "barometer" of private higher education development and stability.The evolution of private higher education in these countries demonstrate that there is a strong correlation between private higher education and government's funding policy,especially the establishment of diversified investment system.