LET THEM GO BANKRUPT – IF THEY CAN’T RUN THEIR AFFAIRS PROPERLY, WHY SHOULD BRITISH PEOPLE CONTINUALLY BAIL OUT THE INCOMPETENT,ESPECIALLY WHEN WE ARE REQUIRED TO BE SO PERFECT.
Three English universities are on the verge of bankruptcy, research has found.
The body representing teachers and lecturers, the University and College Union, said any university going bust, would have ‘a devastating impact on staff, students and the local area’.
The three worst affected universities are facing financial disaster because of increased competition for students, falling numbers of 18-year-olds applying to go to university, and a drop in international student numbers because of tougher immigration controls.
One of the three is thought to be located in the North West, and the other two on the south coast.
One institution is already thought to be in insolvency talks.
“A university going bust is more likely than at any other point in the last generation,” Nick Hillman, director of the Higher Education Policy Institute think tank said.
“What is of concern is those universities that are resorting to taking bridging loans to tide them over until their student fees come in. They are borrowing just to survive.”
Funding changes have deeply affected educational institutions.
The trebling of tuition fees and a removal of a cap on the number of students has led to increased competitions for a smaller number of students.
Here come the Idiot to make all things not right
Fall down a bloody well you evil witch!