Financing Higher Education in India has been a complicated problem due to theoretical and practical problems. It is declining at the same time, when the needs of the higher education system have been growing rapidly. It is being increasingly realized that public budgets cannot adequately fund higher education. In India higher education traditionally was looked after by the government but in view of lack of resources to meet the increasing demand, private sector has been allowed to share the responsibility. So, to meet the challenges of Higher education there is a need to entertain Public Private Partnership. Along with that, our government should emphasize on the resources required to operate Higher Education in a fruitful manner in India.
Higher Education Financing, Present State, Challenges
