‘competition generally raises quality.’ ‘i plead guilty to believing in choice and...

‘Competitiongenerally raises quality.’

‘I plead guilty to believing in choice and competition’

2004: £3000

Pre-1999: no fees

1999: £1000£1,000

£3,000

£2,000

£4,000

£0,000

2004: £3000

Pre-1999: no fees

1999: £1000£1,000

£3,000

£2,000

£4,000

£5,000

£6,000

£7,000

£8,000

£0,000

£9,000

2012: £8354

2011: £6000

The Sunday Times Festival of Education

‘The future of British universities is basically America. We’re moving much more to the free market system of America and it’s hugely to be applauded.’ Terence Kealey, June 2011

Distribution of foreign students in tertiary education,by country of destination in 2001 (OECD 2003)

Distribution of foreign students in tertiary education,by country of destination in 2011 (OECD 2013)

International student enrolment as a percentage of total tertiary enrolment in 2011 (OECD, 2013)

Population that has attained tertiary education (2011)Percentage, by age group (OECD 2013)

THE World University Rankings 2011-12: US (dark) vs UK (light) universities

raw data

0

5

10

15

20

25

30

35

0-50 51-100 101-150 151-200 201-250 251-300 301-350 351-400

TH

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top-

400

univ

ersi

ties

THE World University Rankings 2011-12: US (dark) vs UK (light) universities

corrected for population

0

2

4

6

8

10

12

14

0-50 51-100 101-150 151-200 201-250 251-300 301-350 351-400

uni

vers

ities

pe

r 6

2.2

mill

ion

po

pula

tion

THE World University Rankings 2011-12: US (dark) vs UK (light) universities

corrected for GDP

0

2

4

6

8

10

12

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0-50 51-100 101-150 151-200 201-250 251-300 301-350 351-400

univ

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ties

per

$2.2

8 tr

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DP

THE World University Rankings 2011-12: US (dark) vs UK (light) universities

corrected for HE spending

0

2

4

6

8

10

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0-50 51-100 101-150 151-200 201-250 251-300 301-350 351-400

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HE

spe

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Aggregate score THE WUR 2011-12, top 200

0

500

1000

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2000

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3000

3500

4000

4500

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Un

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Aggregate score / population THE WUR 2011-12, top 200

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60

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scores

universities

Aggregate score / GDP (PPP) THE WUR 2011-12, top 200

0

0.2

0.4

0.6

0.8

1

1.2

Sw

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scores

universities

Aggregate score / HE spending (PPP)THE WUR 2011-12, top 200

0

10

20

30

40

50

60

70

80

90

100

Sw

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rlan

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scores

universities

Aggregate score / HE spending (PPP)adjusted for % of 25-34 year-old graduates

THE WUR 2011-12, top 200

0

10

20

30

40

50

60

70

80

90

100

110

Sw

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rlan

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Un

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Kin

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univrsities

Expenditure per student, top 30 universitiesTimes Higher Education World University Rankings, 2012

0

50,000

100,000

150,000

200,000

250,000

300,000

Cal

tech

1

Har

vard

2

Sta

nfor

d 2

Oxf

ord

4

Prin

ceto

n 5

Cam

brid

ge 6

MIT

7

Impe

rial 8

Chi

cago

9

UC

Ber

kele

y 10

Yal

e 11

Col

umbi

a 12

UC

LA 1

3

John

Hop

kins

14

ET

H Z

uric

h 15

Pen

nsyl

vani

a 16

UC

L 17

Mic

higa

n-A

nn A

rbor

18

Tor

onto

19

Cor

nell

20

Car

negi

e M

ello

n 21

Brit

ish

Col

umbi

a 22

Duk

e 22

Geo

rgia

Inst

Tec

h 23

Was

hing

ton-

Sea

ttle

24

Nor

thw

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rn 2

5

Wis

cons

in-M

adis

on 2

6

McG

ill 2

7

Tex

as-A

ustin

28

Tok

yo 2

9

$US

(P

PP

)

Driving down costs?

70

75

80

85

90

9519

97

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

grad

uate

em

ploy

men

t rat

e (%

)

Switzerland

UnitedKingdom

OECDaverage

UnitedStates

Japan

South Korea

Endowments of 120 richest US colleges and universities, 2011 (NCES)

0

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

1 6 11 16 21 26 31 36 41 46 51 56 61 66 71 76 81 86 91 96 101 106 111 116

Institutions (ranked by endowment)

US

dol

lars

(th

ous

and

s)

Endowments of colleges and universities in the US, 2011 (NCES)

0

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,0001

20

1

40

1

60

1

80

1

10

01

12

01

14

01

16

01

18

01

20

01

22

01

24

01

26

01

28

01

30

01

32

01

34

01

36

01

38

01

Institutions (ranked by endowment)

US

dol

lars

(th

ous

and

s)

Net worth per head of US population, 2010

next 5% of population

(14%)

bottom 90% of

population (23%)

next 4% of population

(28%)

top 1% of population

(35%)

Endowment per FTE student in US colleges and universities, 2010

bottom 90% of student

body (22%)

next 4 % of student

body (26%)

next 5% of student

body (12%)

top 1% of student

body (40%)

4

Admissions reading list

The Sunday Times Festival of Education

‘The future of British universities is basically America. We’re moving much more to the free market system of America and it’s hugely to be applauded.’ Terence Kealey, June 2011

Endowment per FTE student in US colleges and universities, 2010

bottom 90% of student

body (22%)

next 4 % of student

body (26%)

next 5% of student

body (12%)

top 1% of student

body (40%)

4

In this present crisis, marketisation is not the solution to our problem.

Marketisation IS the problem.