Guilty as charged

Finally a statement out from the University of London.

As suspected, this New College of the Humanities will be an independent teaching institution. They will have their students enroll in the University of London International Programmes. In addition to the yearly 1.5k quid that they must pay to the University of London, they will whack on an additional 16.5k for their value added services. It looks all above board and legitimate. A smart and easy way to start a school and piggy-back along on the University of London. A brilliant chance to access some of the best academics in the world. Indeed, there will be extra courses and the caliber of students is bound to be high. However over the course of three years I can imagine better ways to spend fifty thousand pounds...