The Finances of World Class Universities (part 3)
One of the knocks against the whole idea of “world-class universities” is that it tends to reinforce institutional privilege; that it’s mostly about big universities with big reputations aiming to expand their financial advantage over everyone else. Without speaking to motive, it is possible to use the financial data I’ve been writing about these last couple of days to examine empirically whether it is true the top dogs are gaining on everyone else or not. And what the data tell us