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Intergovernmental organizations (IGO) have long framed higher education as a contributor to human capital and a driver of economic growth. Within a neoliberal social imaginary, the purpose of higher education is increasingly up for debate. This study explores how IGOs have (re)imagined higher education in the 2010s and beyond. Using a Foucauldian discourse analysis, I examine OECD, WTO, and World Bank reports to construct a genealogy of how neoliberal discursive practices are taken up and deployed by IGOs as technologies of government. Viewed through the lens of neoliberal governmentality, this study identifies how IGO have come to both subordinate higher education to the practice of lifelong learning and to rarefy the discourse of ‘knowledge economy’.