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Principal's blog: Six Million Dollar Man


Ian Pryce, Principal and Chief Executive of Bedford College

This week the Times Educational Supplement (www.tes.co.uk) reported that a director of a private company (Elmfield Training) that delivers taxpayer-funded apprenticeship training, had been paid £3 million last year (getting on for $6m).  Further Education’s first ever Six Million Dollar Man!


Peter Mandleson famously got into trouble for being “intensely relaxed” about the super-rich.  To an extent the criticism was unfair as he did caveat his remarks by saying that super-incomes should only be achieved on the back of super-performance.  Conveniently that bit was left out of the reports.

So how relaxed should we be about this?  The company has been defended by the National Apprenticeship Service, and there has been criticism that many private training companies have just become adept at finding ways of getting public money for training that employers were planning anyway.


At one level it could be argued that, provided that the quality of the training is good or better, and provided the company is receiving the level of funding public sector organisations receive, then shouldn’t we be applauding their ability to do good work and make good profits, and look to replicate that inside the public providers?


The problem is that funding systems for something as complex as further education can never be perfect.  Public providers like Colleges are social assets and have a duty to provide the fullest range of programmes for their community.  We accept this means that we will lose money on some and make money on others, that goes with our public duty.  In contrast a private provider can cherry pick courses where the funding is too generous and simply stick to those courses, in that sense the profit they make will be “unfair”.  In Australia Colleges are given a premium of about 14% to recognise this wider public duty, sadly that has not been pursued here.


There is no doubt that the opening up of the further education market has brought many benefits, not least in forcing Colleges to review and improve their own performance and flexibility.  Maybe we should see some of these things as a natural consequence and simply accept there will be new loopholes which we just seek to close quickly.  As the Schools and University markets are opened up, these are pertinent questions to address, and not easy ones to answer.


Six Million Dollar Man