During the past twenty years, higher education institutions in China have gained enormous rights due to both the streamlining of administration and the decentralization of the government. Their legal status has hence changed dramatically. However, the expansion of their rights has also brought about the possibility of higher education institutions…

Four financial models of massification of higher education are discussed in this essay. They are American model, Western European model, Southeast Asian and Latin American model and the transition countries model. The comparison of the four models comes to the conclusion that taking advantage of nongovernmental funding is fundamental to dealing…