A group of leading academics are preparing to launch a private college in London, with the aim of not only challenging Oxford and Cambridge, but making money whilst doing so.
Fourteen professors, including celebrity biologist Richard Dawkins, and historian Sir David Cannadine, are setting up the New College of the Humanities, and plan to take their first students in September 2012. 200 of the brightest undergraduate students will pay £18,000 each in fees to study one of the eight courses on offer. These courses will cover five subject areas- Economics, English Literature, History, Law and Philosophy. Based in Bloomsbury, central London, the college will award its own Diploma to students, whilst their undergraduate BA Hons will be awarded by the University of London.