Private university BPP launches bid to run 10 publicly funded counterparts
Company also plans to increase the number of its own students ten times lower fees at public universities next year
A private, for-profit managed, the university has launched an aggressive expansion plan to be executed jointly by at least 10 of their counterparts with public funds, the Guardian can reveal.
BPP, which offers graduate degrees and undergraduate business law and 14 study centers in the UK, said it was in talks on the management of the business side of campus. Conversations with three are in a "not serious", but trade negotiations begun.
Depending on the model, control of all universities in academic decisions, while BPP is responsible for managing the assets of the campus, computer support, procurement of goods and services and other documents "back office." BPP would not carry out activities in universities.
CEO, Carl Lygo said his firm was to make tens to hundreds of thousands of pounds to work with each institution, but it would be "too radical at the time of" doing an offer from a university. "The partnership model is more acceptable in the UK ... We have a long tradition of higher education are funded, rather than profit. "
BPP also plans to increase the number of students own ten times undervalued public universities next year when you can charge up to $ 9,000 per year. For now, BPP has more than 1,000 undergraduate students. "We want to offer a radical alternative to high-quality, hours are in small groups," says Lygo.
AFFcommunication occurs before an impending white paper should signal the government's intention to encourage the expansion of private institutions of higher education in England. Ministers consider that stimulate competition and improve the quality of curriculum.
In an interview with the Guardian last year, David Willetts, the universities minister, said it would be "greater diversity" in the field of higher education in the future and that "what matters is the competitive challenge existing suppliers, they will face. "
The government hopes that private companies will reduce tuition fees, which could save millions of pounds to the Treasury.
many universities rather than the government expects that the intention to charge the maximum £ 9,000 per year since the fall of 2012. The government pays the fees of students in the first case, and payable when graduates earn over £ 21,000. Rising interest rates means that the government will pay more up front, which can not be sustainable.
- BPP would not reveal the names of the colleges to which you speak. Lygo said, however, they were a "mixed bag" and "not necessarily those that were in financial difficulties."
- universities could save a quarter of their costs if they agreed with the BPP running the business side of their operation, may invest in university, he said.
"Most universities are running at a high cost and abused their buildings. The private sector is the best in shopping, because they are more willing to negotiate better prices."
Barclays company, which lends money and provides banking services to 60% of universities in the country, said other private providers were looking great in the UK. "I think that BPP is very revealing of what is happening in the market and indicates the changing environment that universities work," said the head of education Chris Hearn.
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