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Reshaping the UniversityThe Rise of the Regulated Market in Higher Education$
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David Palfreyman and Ted Tapper

Print publication date: 2014

Print ISBN-13: 9780199659821

Published to Oxford Scholarship Online: August 2014

DOI: 10.1093/acprof:oso/9780199659821.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 05 March 2021

Universities and Markets

Universities and Markets

(I) Historical Background and Contemporary Context

(p.63) 4 Universities and Markets
Reshaping the University

David Palfreyman

Ted Tapper

Oxford University Press

Much of the opposition to the politically-driven introduction of market forces as a driver of change in higher education assumes that this is a recent development. This chapter argues to the contrary. It illustrates how the ancient collegiate universities and the nineteenth century civics were dependent upon student fees, private benefactors, and endowment income. Moreover, both models embraced vocational ends: Oxbridge serving the interests of the Anglican Church and the civics educating lawyers and medics, with many a course linked to local commercial interests. Between 1945 and 1976, the universities enjoyed the benevolence of public funding; thereafter parsimony has been the rule thanks to periodic economic crises and the funding pressures generated by mass higher education. The recent lurch towards private funding, along with a shift towards vocationally-oriented degrees, and the decline of academic authority needs to be evaluated in relation to this historical context rather than the ‘halcyon days’.

Keywords:   fees, vocational education, economic austerity, golden interlude, civic universities, medieval legacy, HE markets

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