Journal article

Global trends in higher education financing: The United Kingdom

Simon Marginson

International Journal of Educational Development | PERGAMON-ELSEVIER SCIENCE LTD | Published : 2018

Abstract

Over the last 40 years, UK higher education has moved from a publicly funded system to a mixed publicly/privately funded system regulated as a tuition loans-based consumer market, in which both the student as graduate, and the higher education institution, are responsible for a significant proportion of total costs. It is nevertheless subject to robust government control. This is partly exercised indirectly through comparative assessments of institutional performance by public agencies that define common objectives and install a hierarchy based on measured performance, helping to differentiate HEIs within the market. Institutions remain partly dependent on government funding in the forms of ..

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