Skip to content

Book: The Great University Gamble

The Great University Gamble: money, markets & the future of higher education exists and will be officially available from April 20th.

Intended as a primer to the new way in which universities are financed and positioned in a market, it also sets out how the coalition reforms have created new opportunities for private investment in higher education.

There is much more going on than simply the raising of tuition fees – the book sets out what are the longterm aims of reform, how they have been achieved without democratic oversight and what the implications are by focusing on how money moves around the system.

It is currently on offer at Pluto for £17 inclusive of postage and packaging.


  • A significant typo is located in Chapter 12.
  • The estimated non-repayment on loans peaked at 45 per cent, not 32% as it was when the book was finished. In 2015, the government effected a series of changes to student finance, graduate repayments and accounting treatment so that the estimated non-repayment of loans is now somewhere around 20-25%. Most of these moves were predicted in the book.

US & Canada

For those of you based in North America, the book is distributed by University of Chicago Press and is available here.


Trackbacks & Pingbacks

  1. The Great University Gamble – now out | Critical Education
  2. Ninth Level Ireland » Blog Archive » Book: The Great University Gamble
  3. Student Loan ‘defaults’ | Critical Education
  4. Typo in Book | Critical Education
  5. June 4 – Great University Gamble event at University of Hertfordshire | Critical Education
  6. Book update – the estimated loss on loans | Critical Education
  7. Sale of ICR loans – plans confirmed | Critical Education
  8. London Review of Books – Collini reviews GUG | Critical Education
  9. On contact and fees | Matt Mawer
  10. Private Providers – market creation out of control | Critical Education
  11. Book extract: selling what remains of the ‘mortgage-style loans’ | Critical Education
  12. Student loans in today’s papers | Critical Education
  13. Private provider growth – new figures from Willetts | Critical Education
  14. Recent overviews of English HE | Critical Education
  15. Andrew McGettigan | coventryucu
  16. HE Green Paper – today’s the day | Critical Education
  17. The Alternative White Paper As It Concerns The Casuals – Fighting Against Casualisation in Education
  18. Interview with Real Media – part 1 | Critical Education
  19. Student loans saga continues – Marketisation of Higher Education
  20. Scandal at for-profit colleges – Marketisation of Higher Education
  21. Editorial: The myth of the market – Marketisation of Higher Education
  22. Willetts the Conqueror Pt 2: Creative Destruction – Marketisation of Higher Education
  23. “We are the Lions, Mr Vice-Chancellor!” – Marketisation of Higher Education
  24. Student loans accounting – a personal history | Critical Education
  25. Challenging the financial narrative – Fund the future

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: