Bloomberg Talks
London School Of Economics President Talks University Funding
Apr 4, 2025
Larry Kramer, President of the London School of Economics and former Dean of Stanford Law School, sheds light on the turmoil facing universities amid shifting political landscapes. He discusses how President Trump's policies are seen as a threat to U.S. higher education and analyzes the funding crisis in the UK. Kramer emphasizes the need for diverse revenue sources and suggests that challenges in the U.S. could inadvertently open avenues for UK institutions to attract talent, particularly in hard sciences and public health.
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Quick takeaways
- The Trump administration's funding scrutiny poses serious challenges for U.S. universities, impacting both domestic and international academic collaborations.
- UK universities must explore innovative funding strategies, including increased fees and philanthropy, to address financial pressures amidst changing student demographics.
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