Campus Review Volume 28 - Issue 2 | February 2018 | Page 22

VC’s corner campusreview.com.au As universities have become more business-like, have they lost sight of their core institutional missions? By Sandra Harding H Australia’s day after 20 ow are we preparing graduates for these times and the next? How are we preparing our polity, our economy, our society for these times and the next? Some time ago now, in a discussion about why China is investing heavily in universities there, I heard a senior Chinese official explain that “economics can guarantee today, science and technology can guarantee tomorrow, but only education can guarantee the day after”. If the government of China is right about this, what about Australia’s day after? Australian universities have experienced times akin to that type of positive view and accompanying investment from governments. Think about the nation-building efforts behind the expansion of universities in the post‑World War II period and the Higher Education Endowment Fund/the Education Investment Fund. Budget night 2009 was momentous in its promise. But since late 2012, governments of both political persuasions have proposed and implemented cuts to higher education and research, with the most recent federal budget continuing this unhappy trend. What does this mean for, and say about, Australia’s universities? The great puzzle is why investment in Australian universities appears so insecure. At one level, the explanation is obvious. For countries like Australia, exposure to globalised markets and, among other things, an ageing population puts pressure on governments’ finances and how scarce funds are distributed. It seems higher education and research are particularly vulnerable. These are not the priority they could be and arguably should be if the Chinese view is right. So, it is reasonable that under conditions of resource scarcity, less funding will be distributed to all sorts of worthy causes, but is there something that serves to make universities particularly vulnerable? I think there is. This goes to tectonic shifts in economy and society (including demography, technology and the media) driving loss of trust in institutions and the growth of anti-intellectualism. Unsurprisingly, these two are related. And these two have a sharp resonance for universities and our place in the public policy firmament. The marketisation of higher education has challenged universities and, more importantly, challenged trust in universities. Universities are institutions in the sociological sense and that means universities, like other sociological institutions, must be other-regarding in important ways. Our legitimacy is tightly bound to the idea that