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slapntickle
Joined: 07 Sep 2010 Posts: 270
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Posted: Sun Nov 19, 2017 5:09 pm Post subject: Union calls for stricter regulation of for-profit colleges |
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13 November 2017
For-profit colleges risk damaging the proud reputation of UK higher education and must face much stricter checks UCU has warned. The union was speaking ahead of a BBC Panorama investigation into fraudulent abuse of student loans at a private for-profit college.
The union said the government should rethink plans to make it easier for for-profit providers to recruit students and access taxpayers' money via the student loans system. Private colleges have previously been involved in high-profile scandals and government investigations.
UCU general secretary, Sally Hunt, said: 'The for-profit sector has been beset by scandals involving the fraudulent claiming of public money, yet the government's response has been to make it even easier for them to recruit students and access taxpayers' money.
'Our higher education is an international success story and we cannot risk harming its reputation. If we are going to have these for-profit companies in our higher education system they must be properly regulated. We need a powerful regulator that is able to deal with for-profit providers and recognises the extra risk they pose.'
https://www.ucu.org.uk/article/9035/Union-calls-for-stricter-regulation-of-for-profit-colleges |
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billbob
Joined: 19 Nov 2009 Posts: 55
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Posted: Wed Nov 22, 2017 9:16 am Post subject: |
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If nothing else, doesn't an abundance of for-profit HE institutions contribute to the glut of graduates, thereby lowering the value of degrees for everyone? That seems to be the situation in PL, anyway. |
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slapntickle
Joined: 07 Sep 2010 Posts: 270
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Posted: Wed Nov 22, 2017 12:13 pm Post subject: |
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billbob wrote: |
If nothing else, doesn't an abundance of for-profit HE institutions contribute to the glut of graduates, thereby lowering the value of degrees for everyone? That seems to be the situation in PL, anyway. |
This is one consequence, but another more serious problem is that people are accessing loans with no intention of studying or picking up the bill after 'graduating', thus leaving it to the poor tax payer to foot the bill.
The Panorama report can be accessed here:
http://www.bbc.co.uk/programmes/b09g5l1c |
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