The Impact of Financing on Inequality in Higher Education In their book “Unequal Higher Education,” Cantwell and Taylor argue that the current system of higher education is characterized by competition for resources and social status, which has led to growing inequality. This

Discuss the central points of Unequal Higher Education by Cantwell and Taylor especially regarding financing issues. The response should include at least a paraphrase or direct quote from the text (include page number and the original sentence if paraphrased on the references) . I attached the specific chapters this prompt is related to in addition to central arguments that should b used to guide the response. Thoroughly discuss the financing issues. DO NOT UTILIZE ETERNAL SOURCES
Central Arguments: 
•Competition for resources and social status creates a system of unequal higher education
•The retreat of direct government funding to institutions has unleashed this competition
•Policy choices and cultural practices have increased inequality
•Growing inequality systematically disadvantages underserved students
•More institutions have become lower status and financially struggling institutions
•Meanwhile the number of super elite and elite institutions have remained the same
The chapter discusses the various groups of institutions such as vulnerable institutions, subsidy reliant institutions, smaller typical universities, larger typical universities