At a meeting today, British universities warned of the risk of the sector collapsing due to financial problems, exacerbated by restrictions on passport visas for foreign students. “We are at a turning point in the history of our universities,” warned Sally Mapstone, president of Universities UK (UUK), which represents the country’s 141 universities. 2 billion euro deficit in education “We can let our internationally recognized and competitive higher education system sink into decline. “Or we can act together with the government,” she added in her speech at the UUK conference in Reading, west London. British universities have been warning for months about the state of their finances. Their deficit is £1.7bn (€2bn) on education, said Sally Mapstone. Added to this is a £5bn (€5.9bn) shortfall for research. “Although the exact circumstances of the funding problem vary, we all feel […]
Source: News Beast
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