Education reform in context of innovative development of the Russian economy

The article is devoted to new tendencies in higher education within educational reforms in context of innovative development. It shows institutional changes on the basis of market principles, deal of valuable orientations, accompanied by essentially new priorities in character, forms, tasks in system of higher education; and also negative consequences of these changes connected with the competition of higher education institutions for financial sources and destroying the main values of education. The special importance of the human capital and growth models in which education allows using positive exogenous factors more profitably is noted