ADVANCED FOREIGN EXPERIENCE IN HIGHER EDUCATION FINANCING: THE CASE OF THE UNITED KINGDOM
DOI:
https://doi.org/10.5281/zenodo.19939801Keywords:
higher education financing, English experience, tuition fees, student loans, Research England, dual support system, Office for StudentsAbstract
The article analyzes the contemporary foreign experience of higher education financing using
the example of England. It examines the main financial mechanisms of the English higher education system,
including student tuition fees and government-guaranteed loans, grants distributed through the Office for
Students (OfS), research funding via Research England, income from international student fees, as well as
philanthropy and endowment funds. The study pays special attention to the changes in 2025–2026, particularly
the inflation-adjusted increase in the tuition fee cap, the reintroduction of maintenance grants, and the growing
trend toward performance-based funding linked to quality indicators. The research findings indicate that the
English experience ensures the competitiveness of higher education through a student-centered funding
model, the dual support system for research, and the active attraction of private resources. At the same
time, challenges related to the financial sustainability of universities persist. Practical recommendations for
Uzbekistan are provided based on the analysis
References
Looney, Adam & Yannelis, Constantine. (2021). The Consequences of Student Loan Credit Expansions: Evidence
from Three Decades of Default Cycles. Journal of Financial Economics. 143. 10.1016/j.jfineco.2021.06.013
Baum, Sandy & McPherson, Michael. (2019). The Human Factor: The Promise & Limits of Online Education. Daedalus.
235-254. 10.1162/daed_a_01769.
Bruce Chapman & Lorraine Dearden, 2022. «Income-contingent loans in higher education financing,” World of
Labour, LISER, pages 227-227, October.
Лялин А.М. 2016 Подготовка кадров для инновационной экономики. Инновационное развитие: экономика,
интеллектуальные ресурсы, управление знаниями. Монография. – М.: ИНФРА-М, С. 388.
Heller D.E. The States and Public Higher Education Policy: Affordability, Access, and Accountability. – Baltimore:
Johns Hopkins University Press, 2001. – 304 p.
Altbach P.G., Salmi J. The Road to Academic Excellence: The Making of World-Class Research Universities. –
Washington DC: World Bank Publications, 2011. – 346 p.
Chapman B., Higgins T. Income Contingent Loans: Theory, Practice and Prospects. – London: Palgrave Macmillan,
– 268 p.
Kena G., Musu L., McFarland J. The Condition of Education 2022. – Washington DC: National Center for Education
Statistics, 2022. – 420 p.
