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Comparative Study on U.S. and Japan Financial Policy Decision for Higher Education: Policy for Benefit of Institution and Student in Pandemic
Tue, April 26, 4:15 to 5:45pm PDT (4:15 to 5:45pm PDT), World Educational Research Association Virtual Meeting Rooms, WERA Virtual Meeting Room 1Abstract
In the middle of 2021, US economy had experienced its recovery from Covid-19 minus
economic growth to 5.1% economic growth, and its economic perspective has strong
prospect to the 2022 fiscal year.
In Japanese higher education, MEXT had spent billions of yen for institution’s revenue loss
and student’s financial problem from 2020 to 2021 fiscal year. In 2021, MEXT
had made extraordinary budgets to higher institutions and student’s beneficial plan.
In this research, we study how US federal and state subsidiary policy
change to institutions on each area institutions and student’s scholarship and loans
situations by Meta-Analysis from 2019-2020 to 2020-2021 fiscal year.
And how Japanese university fiscal policy and subsidiary system changed for Covid-19 from 2020 and 2021.