Professor Michael Arthur from the Russell Group of Universities said any future review of higher education could be "devastating".

BBC: Business, Innovation and Skills Committee

Over the last couple decades, federal prosecutors have increasingly used broad, vaguely worded statutes to target individuals and institutions they want to take down, ranging from Michael Milken to Arthur Andersen.

FORBES: Booked: Harvey Silverglate on Three Felonies A Day

Only last summer, at an event hosted by Columbia University's School of Journalism, media luminaries ranging from Michael Bloomberg to Arthur Ochs Sulzberger Jr. to Hearst III himself debated the importance and impact of new media.

FORBES: Polymath scion