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VIRTUAL EVENT: For-profit higher education in Brazil
04 March 2021, 2:00 pm–3:00 pm
This presentation will analyse the growth of for-profit higher education institutions in Brazil, whose trajectory is explained by the adoption of business strategies and movements towards capital concentration and financialisation.
This event is free.
Event Information
Open to
- All
Availability
- Yes
Cost
- Free
Organiser
-
Centre for Global Higher Education
In Brazil, the rapid expansion of the private higher education began in the 1990s, mainly in the for-profit sector, which has followed the US trend. Since 2007, the amount of mergers and acquisitions in education has occupied a prominent position among the Brazilian economic sectors.
The financialisation in Brazilian private higher education can be observed in two different movements: the acquisitions carried out by private equity funds and the opening of capital in educational companies (IPOs) on the Brazilian and the US stock exchange (Nasdaq).
The Ministry of Education does not regulate the capital concentration in education. This responsibility lies with the institution that regulates economic competition.
Finally, the financial logic of the market and management strategies in higher education have had negative implications on the educational process and teaching conditions.
Speaker
- Cristina Carvalho is an Associate Professor at the Department of Planning and Administration, School of Education, University of Brasília.
Links
Image: Mateus Campos Felipe via Pexels