"DAVID WILLETTS, the Conservative minister for higher education, has today created the first privately run university college in Britain for the past 30-odd years, and only the second in its history. Unlike its predecessor, which took nine years to design and build, the new institution stands proud already. What Mr Willetts has done is to allow a for-profit provider of professional training to call itself the BPP University College of Professional Studies. That will allow BPP to award degrees to its students, more or less like existing, older universities*."
Economist, Link
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