Like all British universities, Oxford faces deep cuts in government funding, which would force it to consider charging students tuition for the first time in its history. And the gap seems likely to widen. Far earlier than Oxford, Cambridge recognized the vital importance of cozying up to the technology industry. The university is steadily becoming a less important international institution. It's just hidden because of the old buildings and the fact that some of the people inside them are rich.
Money lies at the heart of Oxford's problems.
Oxford has long traded on its prestige to lure top scholars to teach within its walls and convince bright young students to remain in academia. But that's no longer good enough. And so now our competition comes from other professions that used to look unattractive.