Can universities make their sums work?
This Is Why
Sky News
4.0 • 552 Ratings
🗓️ 15 August 2024
⏱️ 23 minutes
🔗️ Recording | iTunes | RSS
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Summary
As students nervously receive their A-level results, many of the universities they'll enrol in are facing their own concerns over what's next...  Â
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Academics have warned that years of underfunding and a lack of lucrative international students at British universities after visa changes risks the sector's ability to provide top-class education and, for some institutions, whether they'll be able to keep teaching at all. Â
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On this episode, Niall Paterson is joined by two university vice-chancellors, Professor Jane Harrington at Greenwich and Professor David Maguire at East Anglia, to hear the realities and challenges faced by universities across the country. Â
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Plus, our business correspondent Paul Kelso explains why higher education is facing the crisis it's in now.Â
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Producer: Soila Apparicio Â
Editor: Paul StanworthÂ
Transcript
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| 1:00.3 | Neil Patterson here. Welcome back to the Sky News Daily. And it is, of course, a very big moment for many of our kids. A-level |
| 1:07.4 | results day in England, Wales and Northern Ireland. And I'm afraid we're not going to do what is traditional at times like this. |
| 1:14.3 | Force some young people to open their results live on the podcast, |
| 1:18.5 | or indeed report on yet another multi-millionaire saying that it's C&2Ds never did them any good. |
| 1:25.2 | Instead, what we're going to focus on is what for many of those receiving |
| 1:28.8 | the results today comes next. University. And the reason is that there does appear to be something |
| 1:34.1 | of a funding crisis emerging. The Office for Students estimates that this year alone, 40% of |
| 1:41.1 | universities and other higher education institutions will be running at a loss. |
| 1:46.2 | Clearly something that isn't tenable in the long term. |
| 1:49.0 | We have already seen universities cutting jobs, shuttering departments. |
| 1:53.7 | There's even been talk of mergers or perhaps even closures. |
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