The value of a university?

Another great piece from Times Higher Education, questioning whether forcing universities to seek funding, demonstrate impact, etc. has actually done the sector any favours? All universities over the past 40 years have been forced to find money to supplement their public-funding shortfall; but it was not always thus. In 1919, the state expressed its financial interest in our having a national system of higher education, funded from general taxation. The University Grants Committee would distribute…