Syndrome of Reforms' Arrhythmia in the Higher Education

The author discusses the process of reforms in the Russian higher education. It is shown that the first phase of reforms has been fraught with omissions of regulator and inflation of educational bubble, which gave rise to the budget crisis in the industry, and demanded radical interventions. At the second stage a regulator, trying to cope with the educational bubble, provoked a collapse of the industry, which is fraught with enormous social costs. The examples of distortion of university environment due to administration errors presented.