A damning, and no doubt accurate, assessment; an excerpt:
Over the past 30 years, successive governments, from Thatcher to Blair, to Cameron and May, have imposed a set of perverse incentives on universities. Their effect has been to degrade and devalue the quality of British degrees. Academic standards have collapsed. In many institutions, it is the students who now educate the universities, in what grades they will tolerate and how much work they are willing to do. “We have got to protect ourselves from complaints,” says Natalie Fenton, professor of media and communications at Goldsmiths, University of London. “It’s an endless process of dealing with students who haven’t been able to buy the grade they wanted"....
The proportion of students getting “good honours” – a First or 2:1 – has leapt from 47 to 79 per cent: at 13 universities, more than 90 per cent of students were given at least a 2:1 last year. And Oxbridge is leading the charge: 96 to 99 per cent of its English, history and languages students get “good honours”...
For Thatcher..., universities were run as archaically as the public utilities. The academy needed to be governed by the market and measured by its metrics. “Before Thatcher, universities were… run for the benefit of staff with government money,” said Terence Kealey, a professor of biochemistry and former adviser to Thatcher, upon news of her death in 2013. “She was determined to introduce a much higher level of accountability for public funding and greater accountability for students as customers,” he recalled.
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