There has been a massification of higher education in Hong Kong since the late 1980s. In addition to programmes offered by local higher education institutions, there are plenty of off-shore degree programmes provided by overseas institutions. In the meantime, Hong Kong has been restructured to an international financial centre, and its financial sector has become one of the largest employers. This cross-sectional study based on Hong Kong's 2011 census data examined the economic effects of university education in terms of earnings in the financial sector of Hong Kong. The major findings about the earnings effect in the sector are: firstly, a match between education and occupation does not necessarily bring about an earnings advantage; secondly, it refutes previous studies reporting that women are disadvantaged in terms of pay as compared with men; thirdly, workers holding an off-shore degree suffer an earnings disadvantage compared with those holding a local or overseas degree. The results also revealed that the provision of off-shore degree programmes in Hong Kong might be of concern to the government and community. Copyright ©Springer Netherlands.

To increase the competitive position in the higher education sector, management teams of self-financing institutions have to investigate critical factors influencing satisfaction of students studying at sub-degree and undergraduate degree levels so as to implement appropriate strategies in recruiting students. We adopted a model of Strategic Enrolment Management (SEM) to investigate student satisfaction on tertiary studies. 626 questionnaires were collected to investigate the critical factors affecting student satisfaction in studying self-financed programs. The findings revealed that marketing, admission, academic advising, career services, institutional research and peer influence are the critical factors affecting students' perceived satisfaction. The results provide insightful information and suggestions on how self-financing higher education institutions could improve student satisfaction and further strengthen their institutional strategies and management in increasing the competiveness. Copyright © 2018 International Economic Society.

This article refers to the case of the Direct Subsidy Scheme (DSS) in Hong Kong to engage empirically in a debate over school choice. Based on a survey of 910 parents of primary school-leavers on their considerations in making school choices for their children, our analysis shows that DSS schools as an educational option are essentially exclusive to high-income parents, and that DSS schools are opted for as an alternative for the instrumental reason of having higher chances of getting into university rather than such claimed educational reasons as providing students with innovative design of curricula, pedagogies, and assessments.
[Copyright of Journal of School Choice is the property of Routledge.]

The cost of higher education (HE) continues to grow at an unsustainable rate in many country contexts, including in East Asia. With recent and projected HE growth in this region, HE administrators are increasingly faced with how best to provide cost-effective delivery while at the same time addressing how to meet workforce demands of increased quality, accountability, and international standards of excellence. In this article, we examine good and best practices of HE finance models in China, Hong Kong, and Taiwan. A primary objective of this article is to highlight a select number of exemplary models of HE financing that can reduce or at least help level off this unsustainable trend. We conclude with recommendations to assist policy makers, government planners, and HE administrators in their attempts to meet the financial challenges of today and in the future.
[Copyright of International Journal of Educational Development is the property of Pergamon Press.]

為應對香港社會多元化且高質量的教育需求,香港政府於1991年設計並實施了"直接資助學校計劃"。"直資學校"在享受政府發放的經常性津貼的同時被允許收取學費,並享受較大的辦學自由權,用以向學生提供額外的支持服務。研究發現,這一政策在提升香港學校系統教育質量與效率的同時,可能導致社會階層差距擴大等教育不公平問題。政府未來採用教育財政手段、政府政策制度及政府輔助型服務等干預方式對現有的"直接資助學校計劃"進行改進和完善,在提升香港地區基礎教育的質量與效率的同時,確保教育公平。