Market required in Higher Education

Following the disastrous old Eastern European system of central planning, the state sets the number of places on particular courses at British universities. The resulting mismatch between what is churned out and what is needed means that employers have trouble recruiting people in maths, science, technology, and engineering. Heavy subsidies are available for duff courses at pretendy “universities” so that masses of kids are wasting their time and getting into debt in a ludicrous drinking culture. There is a crying need for a proper market in higher education allowing universities to charge different amounts for different courses. If universities were made to publish their data on graduate employment and earnings, people would be able to judge whether particular degrees are worth the effort.

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