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Vernon Bogdanor

By

Vernon Bogdanor,

Vernon Bogdanor

Opinion

University — the path to penury?

August 4, 2010 16:00
3 min read

Education, education, education, Tony Blair’s favourite nostrum, has been a Jewish slogan throughout the ages. In Britain, the characteristic pattern has been for the son of an immigrant to become a self-made entrepreneur so that his son can go to university and become a professional — “my son the doctor” or “my son the lawyer”. And nowadays, “my daughter”, too.

Is that pattern now about to change? Expenditure cuts mean that the universities face a funding crisis. Students will have to contribute more towards the cost of their education. The Liberal Democrat Business Secretary, Vince Cable, has proposed a graduate tax, which means that graduates will pay higher taxes than non-graduates. And, with more and more 18-year-olds going to university, a degree is no longer the automatic passport to a job that it was in the 1950s and 1960s.

The Conservative minister responsible for the universities, David Willetts, has suggested that graduates who find it difficult to get a job should consider setting up their own businesses. Such a suggestion is by no means novel. Margaret Thatcher, apparently, once asked the Guardian journalist, Hugo Young, why he did not do something useful like setting up a small business!

The Willetts proposal resonates well with the instincts of Jews, and perhaps other ethnic minorities also, that they do better relying on their own abilities rather than becoming dependent upon the state or upon large corporations.