Brazil wants to open up universities to private money

education problem brazil

A couple of months after announcing severe budget cuts to the federal education system, Brazil’s Education Ministry announced an ambitious plan to increase sources of revenue and budget flexibility for federal universities. The project is called “Future-se” (“Future yourself”) and provides incentives to attract private funding to universities. In addition to government capital—which covers approximately 90 percent of the universities’ costs—private funds would be used to invest in innovation, entrepreneurship, research, and the expansion of education.

The project will remain open to public input through an online forum until August 9. After that, it will be presented to Congress for...

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