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Heard: We don’t want for-profit universities – they are a disaster in the US |The Guardian

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Even as for-profit education outfits look abroad to expand, across the pond, there’s push back. Sally Hunt at The Guardian writes about why the Brits should protect their universities from the U.S. for-profit education contagion:

Steve Eisman, the US short-selling investor, said recently: “I thought that there would never again be an opportunity to be involved with an industry as socially destructive and morally bankrupt as the sub-prime mortgage industry. I was wrong. The for-profit education industry has proven equal to the task.”

British universities are something to be proud of despite decades of underinvestment. They generate income for the UK economy of £59bn a year and, with just 1% of the global population, the UK produces 8% of the world’s research publications and 12% of all citations.

What are your thoughts about the differences between the U.S. and the British systems? Is it a fair comparison to pit for-profit education against Hunt’s data set which would be the elite schools?

via Response: We don’t want for-profit universities – they are a disaster in the US | Comment is free | The Guardian.

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