English university finances on ‘unsustainable trajectory’

Nov 10, 2015

“Hefce adds that future financial uncertainty ‘is likely to lead to continued volatility and growing variability in the financial performance of institutions, together with a widening gap between the lowest and highest performing institutions’.

“The report follows a paper published by the right-of-centre Policy Exchange thinktank, which argued that the government should cut higher education funding and shift it into further education, as universities have ‘substantial cash reserves which could be much better utilised than sitting in banks’.”

See the full article on the Times Higher Education website

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