The British university system is broken and in need of radical reform

S students must get good value for money

The Office of National Statistics has put the Treasury in a difficult position. Earlier this week, he recommended that a large portion of unpaid student debt be recorded in government books as current expense.

Over the past two decades, we have convinced entire generations of young people that their only future is through college education. We have expanded the universities dramatically, and to finance this expansion, tuition fees and student loans were introduced. We were convinced that this was a market solution for the provision of higher education. It was anything less.

Unpaid student debt has soared to over £ 100 billion. If the ONS …