The cross-subsidy of research by teaching is a myth

“Research is loss-making. This is perhaps the most frequently uttered mantra of modern university life in the UK. Vice-chancellors on headline-grabbing salaries, who claim to run today’s universities with the same precision chief executives employ to run multinational businesses, tell us that the only way that their institutions can afford to carry out their most unique activity – research – is to subsidise it via teaching and other income streams …” (more)

[Peter Coveney and Christopher Greenwell, Times Higher Education, 14 December]

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