Excessive' financial risks threaten survival of many English universities, report warns
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Excessive' financial risks threaten survival of many English universities, report warns
"High levels of borrowing at some institutions and rapid expansion of student numbers are among the dangers identified in a report by the Higher Education Policy Institute (Hepi)."
"Hepi is concerned about universities that bulk recruit from individual countries, including China and India, leaving them exposed to volatility in the global recruitment market."
"The report also flagged the hugely increased number of firsts awarded to graduates, suggesting some providers are willing to use generous final grades as a marketing tool."
"The higher education sector is facing severe financial challenges, with fewer international students due to stricter visa rules, and many universities are cutting jobs and courses."
Many English universities are at risk due to high borrowing levels and rapid student expansion. The Higher Education Policy Institute warns that reliance on international students and franchised courses exacerbates these issues. Institutions like Canterbury Christ Church University and Arden University have seen significant growth, while excessive debt, such as the University of Northampton's 137% borrowing ratio, raises concerns. The sector faces challenges from stricter visa rules and job cuts, with nearly half of institutions reporting deficits, indicating a precarious financial landscape.
Read at www.theguardian.com
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