Commissioned by the Council for Industry and Higher Education (now NCUB) with research from the Performance Evaluation Services Division Standard & Poor’s (S&P) in New York, this report seeks to illuminate the revenue diversification strategies of the US publicly funded four year university sector and the UK publicly funded university sector.

The research confirms that the costs of all publicly funded higher education institutions (HEIs) tend to rise faster than the ability of governments to fully pay for them. The study compares key circumstances and trends of HEIs in the UK and US and how far they have diversified their sources of revenue