Professor Alison Richard, the vice-chancellor of Cambridge University, has warned that the UK may lose its place at the top of world university rankings within a decade.
Professor Richard told MPs that the quality of research in the UK should under no circumstances be undermined by the desire to increase the number of students at university.
The government is looking at having at least 50% of 18-30 year olds having attended university by 2010.
Professor Richard also stated the government will have to invest more money in higher education if the UK was to be amongst the top universities.
Worldwide university league table rankings were published in the Times Higher Education Supplement last year, and showed that Cambridge and Oxford were among the few world universities to challenge the global dominance of universities based in the USA.
Harvard was the number one university, followed by Cambridge and Oxford. Britain had 29 universities in the list of the world's top 200, with Imperial College London the only other UK university in the top 10, in eighth place.
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