This gave me an idea of the scale of the crisis in the university sector but I don’t know what the writer is proposing to address it or what outcome he wants. The status quo but fully funded?
Glad to hear it, George. Given that he cited research that every public £1 spent on higher education generated £14 and his opposition to closures and layoffs, the author's implicit solution was to restore pre-crisis funding and leave it at that. The sector doesn't strike me as faultless. He may not like "quasi-markets" and "over-competitiveness" but it is a market - one with huge information assymetries. I look forward to your follow-ups.
This gave me an idea of the scale of the crisis in the university sector but I don’t know what the writer is proposing to address it or what outcome he wants. The status quo but fully funded?
Thanks Tim, it's a good challenge, we'll be returning to this subject with a closer look at policy solutions.
Glad to hear it, George. Given that he cited research that every public £1 spent on higher education generated £14 and his opposition to closures and layoffs, the author's implicit solution was to restore pre-crisis funding and leave it at that. The sector doesn't strike me as faultless. He may not like "quasi-markets" and "over-competitiveness" but it is a market - one with huge information assymetries. I look forward to your follow-ups.