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…base, in terms of both its economic and its social contribution…leading to complacency and ossification.” Excellence is not determined by volume alone There is no direct correlation between volume and excellence outside some of the physical sciences. The relationship between volume and excellence varies by discipline. Three broad categories were identified by experts at the University of Leeds for the HEFCE Fundamental Review of Research Policy an…

…cent discount to any 2009 graduate who repays some or all of their loan by 31 October. Some 300,000 students will graduate this year, the first generation to pay top-up fees. Most have taken out loans of about £10,000 to cover fees and up to a further £15,000 for living costs. We do not yet know the total owed by the Class of 2009, but a conservative estimate puts the figure between £3 billion and £4 billion. If £125 million (or 5 per cent) of th…