In both historic times as well as modern day era, the higher education institutions faced several financial challenges. After the WWII, the interest in the schooling department decreased significantly and so does today. Despite initial growths, various changes in the macroenvironment have forced stakeholders to switch their attention to other fields. Another recurrent problem is that of shortages in educational staff members. The matter can be explained by the simple fact that, due to reduced financial gains in the field, professors are often willing to turn their attention to other sectors. They for instance choose to work in the private educational sector, or to renounce education for all and practice what they used to teach. This matter is directly linked to the lack of sufficient financial resources, which also generates other shortages as well.

Historically as well as modernly, educational institutions have intensified their efforts to attract more and more...
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