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COVID-19 reveals the folly of performance-based funding for universities – University Affairs
by ahnationtalk onMay 27, 202085 Views
This article is republished from The Conversation under a Creative Commons license. Read the original article.
The COVID-19 pandemic has exposed the folly of performance-based funding schemes for post-secondary institutions planned by the Ontario and Alberta governments.
Proposed indicators in both provinces for determining how well universities are performing are linked to labour-market and economic outcomes. For example, Ontario plans to consider the earnings of graduates and proportion of graduates who have full-time employment in a related or partly related field, and Alberta will examine graduate median income.
The economic and labour disruption wrought by COVID-19 shows that university funding cannot be judged against metrics like student employability or salary since universities have no control over those outcomes.