BBC News | Students at risk if universities go bust, say MPs

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MPs warn that students could suffer greatly if English universities become insolvent, with the Education Select Committee identifying 24 institutions at risk of bankruptcy within the next year and many already cutting jobs, closing courses and selling assets. Chair Helen Hayes urges an early‑warning system and a clear protocol—such as mergers, restructuring or orderly exits—to protect students and staff, while the Department for Education points to recent reforms, fee‑cap increases and a tuition‑fee freeze as factors straining finances, noting that reliance on higher fees from international students, who provide over 45 % of fee income, masks underlying fiscal pressures. Labor and union leaders, including the UCU, Universities UK and the NUS, criticize the government for inaction and call for an emergency taskforce to intervene and safeguard higher‑education funding and student futures.

Read more: https://www.bbc.com/news/articles/ce3p93j3823o?at_medium=RSS&at_campaign=rss

#HelenHayes #UniversitiesUK #MPs #Tradeunions

A THE item on the upcoming spending review:
"Universities will be lucky to avoid being completely hit over the head..."
https://www.timeshighereducation.com/news/universities-face-tough-spending-review-after-brutal-few-months

HT @DianeCoyle1859 on 🟦

Difficult to get independent figures, but a London Economics report (for #UniversitiesUK) summarised economic impact of universities in the UK as:

768,000 jobs
£71bn gross value added
£116bn general economic output

The full report (all 4 nations):
https://www.universitiesuk.ac.uk/what-we-do/policy-and-research/publications/economic-impact-higher-education

#AcademicChatter #HEI #University

@davidallengreen

They - #universitiesuk went for a business model in the 2000s which was based on assumptions and evidence which were so flawed that any decent academic would have taken them apart had they been in any other field of activity! They are reaping the whirlwind .

How to fail, with Universities UK

https://web.brid.gy/r/https://wonkhe.com/blogs/how-to-fail-with-universities-uk/

Notably, I am biased. Nevertheless, I think that this is a fair point... #university #universitiesUK

https://www.thetimes.co.uk/article/jo-johnson-accuses-government-of-bashing-universities-for-political-gain-5ts6hbckg