Conservatives must allow for-profit schools

IEA calls for schools to be able to make a profit in order to advance educational goals

Responding to Michael Gove's openness to 'for-profit' schools, Mark Littlewood, Director General of the Institute of Economic Affairs, said:

“Allowing schools to make a profit should be a central part of the Conservatives' education plans. Evidence from other countries, including Sweden, shows that this can encourage and drive innovation and bring much-needed capital into the sector. The Conservatives' education reforms will not work as well as they need to if profit is not allowed.”

“We understand the need for profit in other sectors, such as food, entertainment and travel. It is time we realised that the profit motive is also needed in education. If you don't allow profits, you can often expect a sub-standard service. ”

“Michael Gove’s willingness to consider ‘for-profit’ schools is a very positive step for British education, but a clearer endorsement could make a huge difference.”