What is DEFINE?
Higher education institutions across Europe face today a demanding and complex financial context in which traditional modes of funding have been transformed and continue to evolve. Moreover, public sources are not as generous as they often were in the past and frequently become more demanding and competitive. The changes are particularly significant in Europe due to the traditional reliance on public funding. The current economic and financial crisis has exacerbated even further these problems, with growing pressures upon the sustainability of funding regimes of public higher education and the pressure mounting to explore new sources of income.
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