Indonesia’s Universities and the Quiet Turn to Debt: Why the Outcry Came Late
Indonesia’s latest regulation allowing state universities with legal autonomy to take on debt has triggered a predictable backlash. Critics warn of creeping commercialisation, higher tuition fees, and the erosion of universities as public goods. Yet the real puzzle is not why the policy is controversial, but why the controversy arrived so late. The Permendiktisaintek No. 1/2026 regulation, which formalises borrowing procedures for Perguruan Tinggi Negeri … Continue reading Indonesia’s Universities and the Quiet Turn to Debt: Why the Outcry Came Late
