In 2010 the UK government imposed huge cuts and market-driven reforms on higher education. Proposals to raise undergraduate tuition fees lead to angry student-led protests. What will become of higher education under this new policy regime?
The Great University Gamble outlines the architecture of the new frontier for higher education, surveying the financial and policy details, Andrew McGettigan asks the big questions: What will be the role of universities within society? How will they be funded? What kind of experiences will they offer students? Where does the public interest lie? With privatisation infringing on our universities and colleges education is threatened with transformation from a public good into a private, individual financial investment.
Andrew McGettigan lives in London and writes on philosophy, the arts and education. He is the author of the report, False Accounting? Why the Government's Higher Education Reforms don't Add Up ( Intergenerational Foundation report, 2012) and the book The Great University Gamble (Pluto, 2013).
Preface & Acknowledgement Abbreviations List of Figures and Tables Introduction: Privatisation the plan and the gamble Part I Funding: Fees and Loans 1. The Mass Higher Education System and its Funding 2. Tuition Fees 3. Student Loans - the basics Part II Marketisation 4. Why a Market 5. Market Mechanisms 6. Regulating the New Market 7. `New providers', for-profits & private equity Part III Privatisation 8. University Finances and Overseas Income 9. Corporate Form, Joint Ventures & Outsourcing 10. University Bonds & other credit products 11. Governance Part IV Financialisation 12. Loans - the government's perspective 13. Managing the Loan Book Conclusion Glossary Index