MODERN TRENDS AND PROBLEMS OF HIGHER EDUCATION FINANCING IN UKRAINE

The article is devoted to the peculiarities of the functioning of a modern system of financing of higher education in Ukraine. The deficit of public funds in the given system jeopardizes the quality and efficiency of educational services. During the period of 2010-2015 in Ukraine the total number of higher education institutions both state and private has decreased, the amount of budgetary funds assigned to the sphere of higher education has been reduced. But while the percentage of students who study at the expense of state and local budgets has increased. Individuals' funds allocate in this sphere have decreased. This is due to the decline in real incomes, lack of a clear relationship between income and education, as well as the imbalances of supply and demand in the labor market. In the near future Ukraine intends to change the form of funding for higher education and improve the quality of educational services. At the same time higher education institutions receive maximum financial, academic and administrative autonomy. A promising direction is the diversification of financing sources with the involvement of business entities funds. Establishing a clear link between potential employers and educational institutions will help overcome the imbalance between supply and demand of professionals in the labor market. To attract funds of individuals in the field of higher education is possible when restoring a clear link between the size of investment and return on investment in the form of increase in wages in the workplace.