Education minister urges universities to find new funding
Education Minister Wu Se-hwa said Thursday that it is impossible for Taiwan to increase its budget for higher education in the short term and that universities have to think about how to solicit more funding themselves.
Wu noted that while other countries have been stepping up their investment in higher education, Taiwan has remained stable in this regard, meaning that there has been no increase in investment.
“The budget for education is fixed and cannot be increased in the short term,” Wu said, urging the nation’s universities “to tap new sources of funding themselves.”
“The Ministry of Education will also think about how to solicit more resources to allow the continued development of the universities,” he said.
Wu was speaking on the sidelines of a legislative hearing when he was asked about the global ranking of National Taiwan University by the Times Higher Education magazine falling 12 spots to 167th place this year, or the lowest in the world rankings in 12 years.
Phil Baty, an editor responsible for the rankings, said that Taiwan has traditionally had a strong university system, but needs more support from the government and more funding to help its universities stay competitive.
NTU President Yang Pan chyr said that different rankings are based on different indicators and that he will take them into consideration. He also expressed hope that the public will not judge the school by a single ranking.
He added that NTU is mainly constrained by the fact that its cooperation with industry is not as active as in some other countries, and said he will make more efforts in this regard.