The University of Law has confirmed that it has ended its partnership with the Open University: losing a rumoured £3m a year.
The press release is overwhelmingly positive. The "formal partnership" is to be ended so that both parties can "pursue expansion opportunities". And no figures are mentioned. But the UoL has provided courses for the Open University for 15 years, and sources say that it's one of Professor President Provost Nigel Savage's biggest sources of revenue. Maybe the board will have to sell their Bentleys...
The University denied that the OU was its biggest source of revenue and said that the value of the contract was "substantially lower" than £3m per year. But it wouldn't say how substantially.
The contract clearly represents a significant sum, and Montagu might be wondering whether the £200m they shelled out for the University represents as much of a bargain as they first thought.
Tip Off ROF
The press release is overwhelmingly positive. The "formal partnership" is to be ended so that both parties can "pursue expansion opportunities". And no figures are mentioned. But the UoL has provided courses for the Open University for 15 years, and sources say that it's one of Professor President Provost Nigel Savage's biggest sources of revenue. Maybe the board will have to sell their Bentleys...
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President Provost Nigel Savage and a Bentley |
The University denied that the OU was its biggest source of revenue and said that the value of the contract was "substantially lower" than £3m per year. But it wouldn't say how substantially.
The contract clearly represents a significant sum, and Montagu might be wondering whether the £200m they shelled out for the University represents as much of a bargain as they first thought.
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The College of Law is really pushing cut-down, online courses, for which they charge full fees but which cost it nothing to lay on - and they really are second rate because law is not something you can really understand just staring at a computer screen and having no contact with tutors or other students.
Perhaps it was the CoL that ditched the OU so it can muscle in and corner the market.
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