Not the most accessible book, filled with academic jargon. However does make some compelling arguments regarding the trap of student debt and the changing nature of education due to marketization.
Blacker does go into interesting detail about how Ivy Leage universities in the US such as Harvard were historically tied to and reproduced particular class demographics. He highlights how ivy league institutions, in response to anti-discrimination regulations, introduced increasingly non-academic entrance requirements such as lacrosse that only male white privileged bourgeoisie would be able to indulge in, thus ensuring the universities still retained autonomy to discriminate. The point he does raise particularly well with this example however is that in fields that privileged networked individuals such as MBAs, universities roles are less in teaching and research but in developing social capital within a group of well-resourced students.
As someone studying in the UK, i found the book to be too focused on the structure of US education.