The Co-operative Party (which is funded by the co-operative movement and affiliated to the Labour Party) has made a public statement about the HE and Research Bill.
— Co-operative Party (@CoopParty) 1 September 2016
In the article, the opportunity created by the forthcoming Higher Education and Research Bill is to move beyond a narrow consumerist vision for the university, and towards a pluralist, internationalist and radically independent cooperative form of the university. It envisages a university based in notions of the commons, rather than on a statist ‘publicly-owned’ university.
Co-operation has always sought to reconcile good ethics and good business. This new legislation provides advantageous financial and regulatory conditions in which to establish a substantial cooperative presence in the HE sector, whether through conversion of existing institutions to a cooperative form, or through the founding of a large or small new institution.
While new HE cooperatives in the UK have tended to opt for a low cost base, the HE and Research Bill creates the conditions for new ‘challenger’ institutions to award degrees and obtain government-backed student finance from the outset. The Bill even establishes a new cooperative form of student finance to allow for Sharia-compliant equivalents to a student loan, meaning that a university could be (technically) cooperatively financed.
The for-profit private sector has been establishing a foothold in the HE sector for some years. Now really is a good time to start planning for a future for cooperative higher education in England.