This article analyzes the effects of public universities funding systems on the quality of the education offered. The first part of the paper focuses on the Spanish funding model and its effects over the stratification of universities (the emergence of elite universities) and the segregation of students according to their talent. In the second part of the article, we analyze the reforms that several OCDE countries are carrying out, inspired by the public provision model of university education that is currently in place in the United States. Some aspects of these reforms could allow to correct the inefficiencies that characterize the university funding model in Spain
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