Nerd News: Thoughts on Closing Down Failing British Universities

How long do you think it'll be before mobs of angry academics run this guy out of town? Richard Lambert, head of the Confederation of British Industry, dared to say this:

He said that if the Government decided to carry on funding all institutions, then the best universities would 'pay the price for the incompetence of the worst.'

He asked: 'Then would come the question: what would the government do about it?'

'Would it take the politically explosive but probably economically sensible decision to close or merge the worst run institutions?

'Or would it instead attempt to bail them out?

'That would mean the already reduced quantities of jam having to be spread even more thinly across the system, making our best universities pay the price for the incompetence of the worst.'

Oh my!