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Next government must make hard university funding decisions, fast

Next government must make hard university funding decisions, fast

Next government must make hard university funding decisions, fast
May 19, 2024 46 secs

According to one sector leader, it’s because they are losing money on two of their three income streams, while their third source is under attack by the government.

That situation was laid bare in a report by the higher education regulator, the Office for Students, which forecast that 40% of England’s universities would run budget deficits this year and that closures and mergers were on the cards.

But so far, the sector’s turmoil – which has seen more than 50 universities already announcing course closures and redundancies – has attracted little political attention.

Instead, Holmes says central government needs to fill the gap by making grants of £2,000 and upwards for teaching each student in the short term.

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