Christie + Co

Essential reading for education companies worldwide
 
 
Remember me:
Skip Navigation LinksEI article
Academics to launch new for-profit college

A group of academics is to launch a new for-profit college, charging fees of £18,000 a year.
 
The New College of the Humanities will offer students University of London degrees, taught by top academics including scientist Richard Dawkins and historian Niall Ferguson. Its first master will be the philosopher A. C. Grayling.
 
The college, partly inspired by the US liberal arts college model, will be based in the Bloomsbury area of central London. It will be a private company, and says it has raised “millions” in backing from investors.
The new college has drawn criticism for its high-fees, however.
 
Sally Hunt, general secretary of the University and Colleges Union, said: "At £18,000 a go, it seems it won't be the very brightest but those with the deepest pockets who are afforded the chance." 
 
She added that it was "further proof that its university funding plans will entrench inequality within higher education".
 
Grayling said that the decision to set up New College was partly triggered by the government's plans to cut subsidies for arts, humanities and social science subjects.
 
It will offer scholarships to a fifth of its students, rising to a third if a new charity associated with the venture is successful.
 
That still means the majority of its students will be charged fees three-times higher than the maximum student loan available to them, however – suggesting that the majority of students will be those who can pay up front.
 
New College will teach courses in subjects including English, philosophy, history and law. Students will also be taught modules in "intellectual skills", such as science literacy, logic and critical thinking, and applied ethics.
 
The college will have high entry requirements, of three As at A-level and above, and aims to replicate the Oxbridge one-to-one tutorial system.
 
It will open its doors to students in September 2012.
 
The company was first registered under the name "Grayling Hall", referring to two of its founders, in July last year.


Posted on: 06/06/2011




Latest news

21/07/2017
Online degree enabler Keypath Education has announced a partnership with UK-based university Aston University Online and Aston Business School to launch new online degree programmes.
20/07/2017
Real estate investment trust Empiric Student Property has raised £110 million through a share placing of 101 million shares at 109 pence each.
20/07/2017
Oslo game-based learning platform Kahoot! has raised another $10 million (£7.7 million) to its Series A round from existing and private investors, bringing the total of the round to $20 million.
19/07/2017
Bank HSBC and Birmingham City University (BCU) have agreed on a £45 million revolving credit facility to support the construction of three new buildings.
19/07/2017
Coding bootcamp Ironhack has raised $3 million (£2.3 million) in a financing round led by Madrid-based JME Venture Capital.
18/07/2017
VFS Edu Support Services, the education division of VFS Global, has announced a partnership with Oxademy Technologies to offer a global digital learning platform.
18/07/2017
​London-based software as a service firm Learnerbly has raised £1.6 million in a seed round led by Frontline Ventures.
14/07/2017
Educational video platform Knowledgemotion has raised £3 million from NVM Private Equity.
13/07/2017
Nursery group Kids Planet has bought Happy Day Nursery for an undisclosed amount in Davenport, Stockport.
13/07/2017
Higher education provider BPP University is exploring the sale of one of its institutions, EducationInvestor can reveal.



Parthenon

global | nurseries

Busy Bees is an enviable export story. From its first conception in 1983, the UK brand went on to launch its Asia division in 2014. Today, the group's revenue stands at £250 million, with the fast-growing Asian business contributing an estimated S$130 million. Ledetta Asfa-Wossen caught up with the woman at the helm
Read more...


Christie + Co

EducationInvestor Global events

Features and analysis

Digital credentials are considered the next big thing in education. Kirsten Noben investigates if the trend is here to stay

HelloUni aims to simplify the application process for prospective students. Founder and chief executive Olivia Feng tells us more

Education is increasingly starting to attract investment from technology giants. Kirsten Noben surveys the space

Enhanced realities lead where the everyday fails and there is no better field that this is proven in than in ed tech, says Mark Bridgeman, managing director of Eon Reality

Blackboard is still the dominant LMS provider but with increasingly more players in the market, competition is rife. Lee Blakemore, president of Blackboard International, explains what’s next for the firm

Busy Bees is an enviable export story. From its first conception in 1983, the UK brand went on to launch its Asia division in 2014. Today, the group’s revenue stands at £250 million, with the fast-growing Asian business contributing an estimated S$130 million. Ledetta Asfa-Wossen caught up with the woman at the helm

The private sector can help address Africa’s pressing educational needs, but both investors and policymakers must seize opportunities now, say Scott Featherston and David Ferreira, partners at Caerus Capital. Their new report, The Business of Education in Africa, details new findings about this dynamic region

Significant growth of English-medium international schools is expected, once a new policy replacing the Vietnamese government’s decree 73 comes into place later this year, says Sami Yosef of ISC Research

Deloitte