Comparative studies on the expenditures of world-class post-secondary institutions: implications for Thai universities

Abstract

This paper analyzes and compares the characteristics that distinguish the expenditure structures of several world-class post-secondary institutions in North America, taking as examples Harvard University, Stanford University, the University of California at Berkeley, Yale University, Massachusetts Institute of Technology (MIT), and the University of Chicago. Comparisons between these universities and four prominent post-secondary institutions in Thailand are also made. Finally, suggestions are advanced to improve the expenditure structures of Thai universities endeavoring to become world-class institutions.