BM 63 – Resolution in support of investment in higher education in Iceland
ESU strongly encourages the Icelandic government to increase its investment in higher education. With the extensive cuts that the higher education system has suffered since 2008 it is clear that Icelandic higher education institutions are struggling to maintain the quality of education.
The funds invested in higher education by the Icelandic government are among the lowest within the OECD. If the universities in Iceland cannot compete with similar institutions in neighbouring countries there is a risk of severe brain drain.
The Icelandic government must start seeing education as an investment and not a cost. Education is a common good for all of society and one of the key elements of a stable economy.