<p>THE TIMES, 27 November. </p>
<p>LONDON UK</p>
<p>Yale's key to world status </p>
<p>[excerpt]</p>
<p>The leaders of arguably the two best universities in the world were in Oxford this week to be fêted by their alma mater. Amid the pomp and nostalgia, they can only have been reassured that the balance of academic power has shifted decisively in their favour since they first saw the dreaming spires. </p>
<p>Professor Richard Levin, President of Yale University, and Professor Neil Rudenstine, his opposite number at Harvard, were students at Oxford more than 30 years ago. The unique ceremony that brought them both back to Britain to receive honorary degrees served as an occasion for polite ribbing about the rivalry between America's most famous universities. </p>
<p>The more tempting comparison from a British point of view, however, is with Oxford and Cambridge. Yale, in particular, has striking similarities with our ancient universities: almost 300 years old, it is tiny by American standards with only 5,300 undergraduates, divided into colleges on the Oxbridge model, a byword for academic excellence and a breeding-ground for the great and the good. </p>
<p>[...]</p>
<p>Yale does not suffer to anything like the same extent as Oxford and Cambridge do from an image of social exclusivity. The size of its endowment ensures that any applicant who meets the stringent entry requirements can be supported financially, if necessary. More than 90 per cent of students receive some support, and the average debt on graduation is about £10,000 - a figure likely to be exceeded in Britain before long. </p>
<p>Professor Levin, who met a group of Vice-Chancellors in London during his visit, is convinced that the leading British universities will have to take the same route if they are to continue to compete with the best. "The current fees will not produce the money a top university needs, and I imagine that this will be an interim stage to a system more like the American one."</p>