The current edition of the OECD’s Education at a Glance, published on 13 September, noted that in 2014, only 28 per cent of the financing of all tertiary education in UK was from public sources, with 72 per cent from private sources, mostly from students. This was the lowest share of public financing in all 33 OECD countries for which figures were available. (WonkHE)
Beneath the surface though, higher education is set to be subjected to more state interference and bureaucracy as part of yet another attempt to create a market as the TEF is set to allow institutions to link fee increases to inflation. At present, with inflation at 0% and hardly projected to soar in coming years, will the TEF actually reward and incentivise good quality teaching, or just provide another drain on the resources academics need?