The Chronicle of Higher Education has published a series of data sets illustrating the differences in government spending, national support, and tuition rates for higher education in the US and UK.  Worth considering is how increased privatization would affect funding (and library spending) in the UK. From the article:

The British government unveiled a four-year budget this month that includes drastic cuts to higher education. The cuts accelerate a steady move away from a publicly supported system to one in which students and the private sector shoulder more of the costs: in other words, a system that looks more like the American model.