‘competition generally raises quality.’ ‘i plead guilty to believing in choice and...
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‘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
E W
UR
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
14
0-50 51-100 101-150 151-200 201-250 251-300 301-350 351-400
univ
ersi
ties
per
$2.2
8 tr
illio
n G
DP
THE World University Rankings 2011-12: US (dark) vs UK (light) universities
corrected for HE spending
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
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r $
2.73
bill
ion
HE
spe
ndi
ng
Aggregate score THE WUR 2011-12, top 200
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score
universities
Aggregate score / population THE WUR 2011-12, top 200
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10
20
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40
50
60
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ive
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op
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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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the
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ive
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/ G
DP
scores
universities
Aggregate score / HE spending (PPP)THE WUR 2011-12, top 200
0
10
20
30
40
50
60
70
80
90
100
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ive
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pe
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Aggregate score / HE spending (PPP)adjusted for % of 25-34 year-old graduates
THE WUR 2011-12, top 200
0
10
20
30
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50
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ive
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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
este
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.