@SerenityNowSerenityNow
The actual teaching is a really small part of the job!!
And this is exactly the problem with student fees. Students are subsidising the research and other work done at the universities. Even when academics are successful in bidding for central research funding, this doesn't cover 100% of the cost.
There should be much greater transparency around funding of universities: who is paying for what.
Academics think they're underpaid and overworked; students think they're paying too much for what they're getting. Foreign students are subsidising home students; humanities students are subsidising STEM students; students are subsidising research. Graduates resent the on-going cost of repaying the fees.
The whole system is an unstable mess.
@bge I empathise with your position, but sadly, not all students are receiving tuition and input from world leading researchers, even if the departments are headed by such people. In many cases (including marking), it's passed off to very poorly paid post-docs or PhD students (who, whilst knowledgeable, have less training in teaching than the A level teacher you cite). In one university I am familiar with, once a lecturer is promoted to professor, their contact hours drop from 300/year to 100/year, a significant loss in expertise available to students.
At Oxbridge, professors get a 3 month sabbatical on full pay every 2 years to go off and do their own thing with no teaching/supervisions and no requirement to produce anything. And they only have 24 weeks of possible teaching/lecturing anyway.
Unlike any other sector I can think of, there is huge variability between institutions in what the students are offered and what the lecturers/academics are required to do. And yet students pay the same fees.
Plus, of course, students are often paying 12 months rent when they only need to be there for 6-8 months. This represents a massive waste of money - money that often rolls up as student debt which the taxpayer will, in due course, write off.