**1. Introduction**

Massification of higher education was integral to economic development before economic globalization surged in the 1980s [1]. Neoliberal education finance policies accelerated economic and social inequalities as economic globalization progressed. The new conflict between social democratic systems and nationalistic totalitarianism illustrates a breakdown in the withering neoliberal consensus that emerged in the 1980s. Communitybased initiatives that build students' capabilities and families are increasingly necessary to address rising inequalities.

This paper examines the new uncertainties created by the withering consensus about education finance. First, I review historical transitions in alliances among nations to distinguish the regional contexts for future education policy development. Next, I examine government policies promoting education development across global regions, focusing on the US, Europe, and Asia. I conclude with a framework for building capabilities to address attainment gaps accelerated by the COVID-19 pandemic.
