This article offers a theoretical review of the interplay between the welfare state and philanthropy in the context of Higher Education. It examines how the roles of government funding and private charitable giving intersect and influence the landscape of universities and research institutions. The authors analyze various theoretical perspectives on the relationship between public provision and private support in higher education, considering implications for access, equity, and institutional autonomy. The paper aims to provide a framework for understanding the evolving dynamics of funding and governance in the higher education sector.
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