Reposted from The Beaver by Vivek Kotecha ON 25 OCT 2010
The benefits and costs of privatisation were discussed at a recent meeting of the LSE Council. The discussion formed part of a wider consideration on the financial strategy on the School’s future, which is taking place at present.
Comparisons have been made between the financial strategy of the LSE remaining as a charity in receipt of government funding, and its financial strategy were it to become a private university.
The details are not yet public, but if the School became a for-profit private university, it could charge unlimited tuition fees and decline to accept government quotas on accepting students from poorer backgrounds. Furthermore, those choosing to study at a private university are not automatically eligible for government loans or bursaries to help cover their fees.
Read more HERE
Read the Guardian’s report HERE
The University is a Factory: Strike, Occupy, Resist.
Come to debate this and other important Education Issues on November the 4th at Education on Trial