Chris Rhodes talks about the policy and ethics of the current educational system in the UK and what the possible future will be for coming generations. Government cuts, rising tuition fees, graduates debt-ridden and unemployed, FE colleges becoming the new 'new universities', the ruthless scramble for dwindling research funding, bankrupt universities laying-off staff and endlessly merging. Universities have changed unimaginably. In 1992, the binary divide between universities and polytechnics was abolished and the latter institutions were relabelled as “universities”, and sometimes referred to (often disparagingly) as 'new universities'. There then followed the creation of 'new' 'New Universities' (former FE colleges), and now, with the government lowering the lower boundary on how many students (customers), an institution must have to achieve university status, a promised further sphere of 'new' 'new' 'New Universities' (former local colleges).