Higher Education For Sale: Private College To Charge £18,000 A Year

More than 70% of students at Oxford (fees to rise to £9,000 per year) come from familes with an income of over £50,000 per annum. What will the figures be for the new Bloomsbury college?

Scratch a liberal and you find a free-market profiteer. That’s one way to interpret plans by some of Britain’s greatest thinkers and academics, who have protested at government plans to raise student fees and introduce the private market into higher education, to now open their own private, elite college charging students  double the highest fee permitted in the public sector.

The ‘Oxbridge style’  private university in London will be staffed by some of the world’s most famous academics, including philosopher AC Grayling, evolutionary biologist Richard Dawkins, geneticist Steve Jones and historian Niall Ferguson. It will offer degrees in the humanities, economics and law from 2012 to ‘gifted’ (read ‘wealthy’) students at a cost of £18,000 a year.

Its backers claim the New College of the Humanities, based in Bloomsbury, will  educate ‘a new British elite’ with science literacy, critical thinking, ethics and professional skills on top of degree subjects taught in one-to-one tutorials. It is backed by private funding and will be run on a for-profit basis. It will offer assisted places to one in five of the first 200 students.

Grayling has said he was motivated in part by fears that government cuts to university humanities and arts courses could leave “the fabric of society poorer as a result”.

“Society needs us to be thoughtful voters, good neighbours, loving parents and responsible citizens,” he said. How that sits with capitulating to the market and offering the very best education primarily to those with the ability to pay, may leave many baffled.

Image by UG Ardener under Creative Commons licence.

  • http://www.facebook.com/profile.php?id=608165224 James Chambers

    “Scratch a liberal and you find a free-market profiteer.” and scratch a leftist and you’ll find a spiteful success-hating failure… ”It will offer degrees in the humanities, economics and law from 2012 to ‘gifted’ (read ‘wealthy’) students at a cost of £18,000 a year.” – The entry requirements are AAA, so I think you might want to reread that as ‘gifted and wealthy’ before you start the belittling. “How that sits with capitulating to the market and offering the very best education primarily to those with the ability to pay, may leave many baffled.”  Anyone that’s “baffled” should remember that the professors in question have to earn a living, and I challenge anyone to tell me exactly why it is wrong that a parent should want pay to give their child the best possible education if they can.

  • Rebekah

    I
    think you will actually find that this university will probably be filled with
    international students rather than British students. People are very much over
    reacting. I currently go to a Bloomsbury university and most of the students I
    know who come from extremely wealthy families say that they would never want enroll
    at a university that charges £18000 a year even if their parents could afford
    it. I personally don’t think Oxbridge calibre students will be flocking to this
    New College, at least not until the first 5-6 years after opening. There is
    nothing wrong with the £18000 tuition fee rate, except that you could pay half
    the amount and get a degree from Oxbridge or top London uni for arguably, in
    real terms, the same quality of education. A one-to-one tutor period isn’t
    worth the extra £9000 per year. Instead, the government should stop funding universities
    that specialise in recruiting ‘rejects’ with low grades and wasting loans on
    worthless degrees. Should also initiate a national grade boundary; those who
    failed to achieve at least 3 b’s at A-level shouldn’t go to uni, it’s a waste
    of time (unless you can demonstrate some wonderful ability in the arts). This
    would hopefully free up money to the universities who actually churn out
    successful graduates and enable them to offer an even higher quality of
    education. This would allow the better uni’s to become more competitive
    internationally (in a dream reality of mine).

    :)  

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