After 750 years I think my own alma mater has got something right. Don't tell me money has had nothing to do with it; money is everything.
Those brilliant minds the college creates occasional pay back. Are they the exception to the rule? We can't all rule the world and win Nobels. Those who do attract funding. Brands are centuries old.
How many took their paid-for education and moved abroad?
Should financially insecure, unattractive educational establishments survive?
How many drama schools do we need?
Unlike health services, higher education cannot be free at the point of delivery. Unless the tax payer is going to dictate which subjects are taught.
Don't get me wrong. Support for those institutions that cannot expect to be 'going concerns' is warranted.
And there's nothing wrong with drama school, but how many actors has the UK produced over the last fifty years who were educated at the state's expense only to move abroad?