Sunday , April 21 2019
Home / FT Alphaville / University graduates and the means of financial production

University graduates and the means of financial production

Summary:
Imagine £1bn of money flows into a sector every year. There are over one hundred organisations in that sector, but just ten of them receive the vast majority of the money. Two of them receive nearly half of it.You’ve just imagined philanthropic donations to UK universities. In particular, you’ve imagined Oxford and Cambridge. If there were a gini coefficient for such a thing, it'd be off the charts.At a time when government funding has receded and borrowing has increased, philanthropic donations have been on the rise in UK higher education. In 2016, there was a record-breaking £1bn of gifts, according to the Council for Advancement and Support of Education, more than twice the level a decade earlier. In 2017, the amount was just below £1bn, of which £429m went to Oxbridge.To put the above

Topics:
FT Alphaville considers the following as important:

This could be interesting, too:

Menzie Chinn writes CEA Chair Hassett: US recession ‘impossible’ by summer next year

Tyler Cowen writes Families and social networks don’t always help stroke victims

Tyler Cowen writes Saturday assorted links

Scott Sumner writes Do Donald Trump and Bryan Caplan have the same goal (for immigration)?

Imagine £1bn of money flows into a sector every year. There are over one hundred organisations...

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *