Bankruptcy should be a real option, argues think-tank

Melanie Newman, Times Higher Education

Policy Exchange’s call to end ‘no-fail culture’ draws mixed response. Failing universities should be allowed to go bankrupt, an influential think-tank recommends in a report to be published this week. Policy Exchange, which advocates free-market and local solutions to public-policy questions and has close links to the Conservative Party, also says that private education providers should be allowed to take over failing institutions.

http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=406263&c=2

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