Vote totals:
Yes:
100%
No:
0%
Neutral:
0%
DEBATE: SHOULD BRITISH UNIVERSITIES GAIN GREATER FUNDING FROM ENDOWMENTS?
SHOULD BRITISH UNIVERSITIES GAIN GREATER FUNDING FROM ENDOWMENTS?
They need the money
With the government constantly pushing more students to enter higher education the need for funding is becoming critical as institutions struggle to provide adequate teaching resources.
Top-up fees mean even greater debt for the students themselves before they actually earn any money. Surely it is more reasonable for those that go on to earn large figures to thank the institution that enabled them to do so through making a donation. This would thus relieve the strain placed on both the institutions and the students themselves.
SHOULD BRITISH UNIVERSITIES GAIN GREATER FUNDING FROM ENDOWMENTS?
The void between great universities and sub-standard ones is too great
The reputations of the red brick universities’ have become so overpowering when seeking graduate employment, there are people out there being turned down with first class degrees purely on the basis of where they studied.
I have worked in a commercial Law firm in West London, and can say from exerience that graduates seeking training contracts there who achieved fantastic degrees from anywhere other than Oxford, Cambridge and King’s College level institutions are immediately ignored on this basis.
If there were to be extra funding in weaker areas of these universities, then they would surely improve the balance in cases such as this. The hard work someone had put in to achieve a first at, for example, the University of Kent, would be recognised on merit, rather than the repututation the University, as a whole, has in the eyes of the professions.
SHOULD BRITISH UNIVERSITIES GAIN GREATER FUNDING FROM ENDOWMENTS?
This makes universities indebted to individuals and opens up venerable institutions to the highest bidder
As long as the college admissions process remains independent, the only problem would be the possibility of a silly name.
Furthermore, colleges at both Oxford and Cambridge Universities have been open to the highest bidder since the 1200s and many are named after some benefactor or other. For instance Jesus College, Cambridge, was founded and paid for by Sir William Jesus in 1271.
An article in the news today http://news.bbc.co.uk/1/hi/england/7460741.stm shows the way these endowments could actually be a double edged sword. New Hall college Cambridge is being renamed after a former student who donated £30 million. Although it’s great that the college has publicly acknowledged the donation this does lead to a few awkward questions…was the donation made on the condition the college be renamed? If I donate £40 million will they rename it after me!?