English Universities in Crisis

Markets without Competition

Jefferson Frank, Norman Gowar, Michael Naef

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English

Bristol University Press
30 January 2019

Universities; Welfare economics

English universities are in crisis. In 2017 the National Audit Office found that only 32% of students consider their course 'value for money', that students from lower-income backgrounds are disproportionately attending lower ranked universities, and that there is limited price competition and a limited return to universities for improving their league standings.

This book provides a concrete analysis of why the recent funding reforms did not work, using a unique combination of informed theoretical and empirical analysis and insights gained from running a university. It offers tough policy proposals concerned with how to make the market work in universities by restoring competition and fair student fees, but also traditional academic values and governance.

By: Jefferson Frank, Norman Gowar, Michael Naef
Imprint: Bristol University Press
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 138mm,
ISBN: 9781529202250
ISBN 10: 1529202256
Pages: 212
Publication Date: 30 January 2019
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Jefferson Frank was founding head of the Economics Department at Royal Holloway. Trained as a macroeconomist, Jeff has also extensively investigated the gender pay gap, BME and LGBTQ discrimination, inequality in the university sector, and the current funding and fees crisis. He is the author of The Responsible Economy (Routledge, 2014) and a Fellow of the Academy of Social Sciences. Norman Gowar, Professor Emeritus of Mathematics at the University of London, is a former Principal of Royal Holloway. He presented the first lecture ever to be broadcast by the Open University. He co-founded the Office of the Independent Adjudicator for Student Complaints and was its first Chairman. Michael Naef is Reader in Economics at Royal Holloway. He works in experimental economics using weird and wonderful substances (testosterone, estrogen, sulpiride) to see what happens. He has published widely, including in Nature and the American Economic Review.

Reviews for English Universities in Crisis: Markets without Competition

Excellent analysis of how UK university reforms since 2012 have proved dysfunctional because they created too little, not too much, competition, and allowed university managements to divert most of the extra fee funding to their own ends. It offers solutions from the insights of two economists and a former VC. Peter Holmes, University of Sussex An extremely topical up-to-date analysis of recent Government policies and their effect on the public purse, student finance, student behaviour, the university system and the internal management of universities.. will be invaluable for a wide group of readers, from higher education employees and staff to policy makers, the media and students. Dame Hon Margaret Hodge MP