In search of value

一月 24, 2008

As custodians of a substantial amount of public funds, universities have a duty to demonstrate the achievement of value for money ("Whitehall seeks £1.5bn 'savings' from sector budgets", 17 January). This duty, however, too frequently manifests itself as the blinkered pursuit of savings.

Value for money is not just about delivering the same or more for the consumption of less resource, it's fundamentally about how much economic, social and cultural gain is achieved in the UK for the investment that the Government makes on our behalf.

The economic case alone is compelling, with £45 billion of output from UK higher education, more than 500,000 jobs directly and indirectly, and more than £3 billion of export earnings. It's time for a more mature consideration of what constitutes value for money.

请先注册再继续

为何要注册?

  • 注册是免费的,而且十分便捷
  • 注册成功后,您每月可免费阅读3篇文章
  • 订阅我们的邮件
注册
Please 登录 or 注册 to read this article.