INTERNATIONAL EXPERIENCE: PUBLIC SECTOR FINANCING OF HIGHER PROFESSIONAL EDUCATION

The problem of choice of the financing type in social sphere including the education in our country is in transition phase today. The article analyses the organization’s foreign experience of financial risk management in higher educational institutions where financing is carried out according to the principles similar to those in Russia. The analysis results can be used to assess the possibility and the practicability of the application of foreign experience and best practices in the Russian system of higher professional education.