Fineduca (Mar 2019)
Financing and Oligopolist Process in Brazilian Private-Mercantile Higher Education: capitalist left and right hands in the core of education
Abstract
The article analyzes the Brazilian higher education segment, especially its private and private-mercantile variants and their financing process by the Public Fund, from 2001 to 2016. It was analyzed the Financialization process, which happened from 2007 onwards by means of administrative reorganization of large private higher education groups, in capital market rentier institutions and oligopolist practitioners through interinstitutional mergers and acquisitions. Methodologically, the article used data from the Anísio Teixeira National Institute of Studies and Educational Research (INEP); of Management Reports of the Ministry of Education (MEC); and the Annual Tax Statements of the Union (DGT), having adopted a quantitative-qualitative bias. It was also analyzed the normative-legal framework created in the country since the 1990s, which began to generate support for the private sector's higher education business, reorganizing its relations with the Union. The data attested that public actions, added to actions by the private sector have produced, in the analyzed period, an extraordinary expansion and physical and capital robustness to its companies. This fact has warped public higher education and reduced its investments.
