In a new paper released today, Completing the Reform, Freeing the Universities, John Glen MP argues for significant changes to the funding of undergraduate degrees.
Universities in the UK are institutions of which we can be rightly very proud. They offer world-class tuition and contribute to cutting-edge, often globally- recognised research. They are a key driver of innovation and economic growth that are vital to remaining a thriving nation in a global economy. They also sit at the heart of British intellectual life and make an enormous contribution to an outward-looking, educated society.
This paper will examine the challenges faced by UK universities and seek to demonstrate how they can be tackled by completing the reform of the universities sector through giving universities enhanced financial and institutional independence.
When economic growth is at the top of the political agenda, and deficit reduction without harming frontline public services is the key challenge, reforming the universities sector presents an ideal opportunity to enable long-term growth whilst reducing the burden on the public purse.
The recommendations made in this paper could save over half a billion pounds per year in the long term. Some reforms could be put in place immediately that could save many millions of pounds each year.
Completing-the-reform-freeing-the-universities