English Universities in Crisis : Markets without Competition

Author: Frank, Jefferson

Published on 30 January 2019 by Bristol University Press in the United Kingdom.

Paperback / softback | 212 pages, 7 Tables, black and white; 24 Illustrations, black and white
139 x 214 x 11 | 262g

Recent policies have replaced direct government funding for teaching with fees paid by students. As well as saddling graduates with enormous debt, satisfaction rates are low, a high proportion of graduates are in non-graduate jobs, and public debt from unpaid loans is rocketing. This timely and challenging analysis combines theoretical and data analysis and insights gained from running a university, to give robust new policy proposals: lower fees; reintroduce maintenance awards; impose student number caps; maintain taxpayer funding; cancel the TEF; re-build the external examiner system; restructure the contingent-repayment loan scheme; and establish different roles for different types of institutions, to encourage excellence and ultimately benefit society.