The BBC has run an article today:
7 September 2010
Last updated at 10:09
UK slipping down graduate league
By Sean CoughlanBBC News education correspondent
The article addresses the coming public services cuts.
Here is a quote from the article:
Lack of places
Taxpayers benefit from investing in higher education, says the OECD. Even though the government subsidises students, this is outweighed by the increased revenue from higher tax from better-paid jobs.
The OECD says that in the UK each extra graduate brings $89,000 (£58,000) to the taxpayer over a working life.
Sadly, it looks like funding for UK Universities is not ring fenced from government cuts.
People are very keen for their offspring to get a good University education. The demand is there. Foreign students coming to the UK may well find getting a visa to study is difficult.
I imagine good quality UK institutions will be more willing to embark on joint enterprises with ethical good quality partners.
From the perspective of Motorsport University Malaysia this could actually be a good thing.
Sadly, for British Universities generally things are not improving.
Another quote from the BBC article:
Wendy Piatt, director general of the Russell Group of leading universities, warned that other countries would benefit if the UK cut spending.
"While our universities are bracing themselves for a period of austerity and uncertainty, other nations are rightly pumping billions of dollars into their institutions at this key time before the world economy picks up," said Dr Piatt.
IMO this is the right time to fund this proposal.
I am ready and willing to help.
Just out of interest here is a chart showing the top ten Universities: 4 are British 6 are American
Graph borrowed from Daily Mail 8 Oct 2009