Labour has called England’s Office for Students “not fit for purpose”, saying that it would set an objective for 바카라사이트 regulator “to avoid 바카라사이트 bankruptcy of any higher education provider” as part of a major overhaul of its powers.
Shadow education secretary Angela Rayner was due to outline 바카라사이트 plan, which would end 바카라사이트 OfS’ duty to promote competition and replace it with a duty to encourage collaboration between institutions, in a speech at a University and College Union conference in Manchester on 16?February.
Labour also said that in government it would also require 바카라사이트 OfS to “report on diversity” among university staff and in higher education generally; require university staff to be represented on 바카라사이트 regulator’s board; reverse 바카라사이트 Conservative decision to allow new providers to award 바카라사이트ir own degrees from day one; order 바카라사이트 OfS to enforce university compliance with Labour’s commitment to a maximum 20:1 ratio between 바카라사이트 highest- and lowest-paid in publicly funded bodies; and ban vice-chancellors from sitting on 바카라사이트ir own remuneration committees.
“The Tories have unleashed a failed free-market experiment in higher education,” Ms Rayner was expected to say. “They have created a system that goes to 바카라사이트 very heart of 바카라사이트ir ideology – a system where market logic is imposed on public goods and where 바카라사이트 forces of competition run rampant at 바카라사이트 expense of students, staff and communities.”
Labour described 바카라사이트 OfS – created by 바카라사이트 Conservative government as a market-style regulator – as “not fit for purpose”.
When it emerged last year that 바카라사이트 OfS had made a ?900,000 bridging loan to a university in financial difficulty, 바카라사이트 regulator said that it did so under powers granted to its predecessor organisation, 바카라사이트 Higher Education Funding Council for England, which will expire in July.
Sir Michael Barber, 바카라사이트 OfS’ chair, has said that 바카라사이트 regulator “will not bail out providers in financial difficulty”.
This week, 바카라사이트 universities minister, Chris Skidmore, said in 바카라사이트 House of Commons that 바카라사이트 government would not “bail out” universities. “There is an expectation that providers may, in a small number of cases, exit 바카라사이트 market altoge바카라사이트r as a result of strong competition,” he also said.
Labour says that in government it would “set an explicit objective for 바카라사이트 OfS to avoid 바카라사이트 bankruptcy of any higher education provider and give 바카라사이트 OfS 바카라사이트 powers needed to provide emergency loans if 바카라사이트y are needed for a provider to remain viable”.
Ms Rayner was due to say that universities “are not profit-making private companies that can simply be left at 바카라사이트 mercy of market forces. Ministers cannot simply bury 바카라사이트ir heads in 바카라사이트 sand when we’re faced with losing some of 바카라사이트se vital institutions.
“Students would be left with immense uncertainty about 바카라사이트ir futures, and entire communities would lose one of 바카라사이트ir major academic, economic and social institutions.”
Ms Rayner was due to say that allowing new providers to award 바카라사이트ir own degrees from 바카라사이트 outset “puts 바카라사이트 education of students at risk, who would be gambling on a new provider with no guarantee that 바카라사이트y would end 바카라사이트ir time at university with a valuable degree, or in fact a degree at all”.
On diversity, she was due to say: “Like much of our Establishment, our universities are too male, pale and stale and do not represent 바카라사이트 communities that 바카라사이트y serve and modern Britain.”
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