Abstract

AbstractThis article, by a Government Minister, sets in context and describes the developing role of market forces in higher education. Four markets are considered: for students; for graduates, research and other services; for academic staff; and for public funds. Limited market forces already operate in all these areas. Policies such as the shift to fees and student loans are expanding and focusing their role, offering new opportunities to higher education's providers and users. The national benefits are a more efficient and responsive system and fairer sharing of its costs.

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