Leaders | Universities

The world is going to university

More and more money is being spent on higher education. Too little is known about whether it is worth it

“AFTER God had carried us safe to New England, and we had builded our houses, provided necessaries for our livelihood, reared convenient places for God’s worship and settled Civil Government, one of the next things we longed for and looked for was to advance learning and perpetuate it to posterity.” So ran the first university fundraising brochure, sent from Harvard College to England in 1643 to drum up cash.

America’s early and lasting enthusiasm for higher education has given it the biggest and best-funded system in the world. Hardly surprising, then, that other countries are emulating its model as they send ever more of their school-leavers to get a university education. But, as our special report argues, just as America’s system is spreading, there are growing concerns about whether it is really worth the vast sums spent on it.

This article appeared in the Leaders section of the print edition under the headline “The world is going to university”

The whole world is going to university

From the March 28th 2015 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Leaders

What India’s clout in white-collar work means for the world

In time its tech firms could be as formidable as China’s manufacturers

How to save South Africa

The rainbow nation needs an alternative to decline under the ANC


Why baby-boosting policies won’t work

Economies must adapt to baby busts instead