OfS says 4 in 10 English universities face budget deficits

A new Office for Students report warns 40% of England’s universities are expected to run budget deficits this year and that a number face a material risk of closure. Responding to the report, UCU general secretary Jo Grady told The Guardian and Morning Star: ‘The funding model for higher education is broken and needs radical change to put the sector on a firm financial footing. Unfortunately, the Tories seem intent on making the situation worse through constant attacks on migrant students and workers.’

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