FTSE 100 company Pearson becomes first to offer its own degrees
Richard Garner has been Education Editor of The Independent for 12 years and writing about the subject for 34 years. Before becoming a journalist, he worked as a disc jockey in London pubs and clubs and for a hospital radio station. His main hobbies are cricket (watching these days) and theatre. On his days off, he is most likelt to be found at Lord’s or the King’s Head Theatre Club.
Tuesday 14 August 2012
A leading business publisher is to become the first FTSE 100 company to award its own degrees.
Pearson, which owns the Edexcel exam board as well as Penguin and the Financial Times, will recruit up to 100 undergraduates from September 2013 for a business and enterprise degree course.
David Willetts, the Universities minister, is trying to encourage private providers to set up their own degree courses.
Pearson will charge £6,500 a year for a basic three-year university course. Students are expected to be eligible for government loans to cover the fees and Pearson will also be offering "performance scholarships" to help its brightest recruits pay their fees.
Ministers believe a vibrant private sector charging less than the maximum £9,000 fee for their courses could put pressure on existing universities to reduce their fees.
Roxanne Stockwell, managing director of Pearson College, as it will be known, said that she expected to build the number of students gradually over the years.
The course will be validated by Royal Holloway and Bedford New College, part of the University of London, but the students will study at Pearson's offices in Manchester or London with the opportunity of a residential course at Royal Holloway's campus.
Nepal earthquake in pictures: Photos show devastation caused by 7.8 magnitude earthquake
Royal baby: Live updates as superbug closes ward at St Mary's Hospital in London where Duchess of Cambridge is due to give birth
Nepal earthquake: Rescuers forced to dig with their bare hands in search for survivors as images show damage to historic buildings
Ed Miliband and Boris Johnson in angry clash live on BBC's Andrew Marr Show
Bali Nine executions: British grandmother on death row in Indonesia Lindsay Sandiford says she 'just wants to get it over with'
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
- 1 Woman 'suffocates newborn baby in plastic bag and puts it in her desk minutes after giving birth'
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 Chinese student carries disabled friend to school every day for three years
£40000 - £48000 per annum + Benefits: Ashdown Group: Systems Engineer - Windo...
£25 - 32,500K (DOE) + Excellent Benefits: Guru Careers: We are seeking a Produ...
£16000 - £22000 per annum: Recruitment Genius: This award winning independent ...
£15000 - £30000 per annum: Recruitment Genius: This is a fantastic opportunity...