In addition, universities which are running pension scheme deficits will see them widen during the pandemic as investments stagnate.Universities with many international students which also have substantial pension obligations are often also higher-ranking institutions, with"large financial buffers" and the option of alleviating losses by admitting more UK-based students.
Without significant redundancies, which would impact on teaching quality, universities are unlikely to be able to claw back much of the losses through cost savings, the researchers warn."Our analysis shows it is not the universities with the greatest losses, but the institutions in the weakest financial positions before the crisis, that are at the greatest risk of insolvency," they conclude.
The analysis, which was funded by the Nuffield Foundation, suggests a targeted bailout aimed at"keeping these institutions afloat could cost just £140m"."However, rescuing failing institutions may weaken incentives for others to manage their finances prudently in future," she warned. "When funding is so unstable, it's no wonder that our universities and the jobs of thousands of academic and support staff are now at risk," said a spokesperson.The University and College Union's general secretary, Jo Grady, called on the government"to step in and guarantee lost funding for universities so they can weather this crisis and lead our recovery on the other side".
Tories will bail out universities but only if they 1) Teach that Toryism is as lovely as Snow White & 2) Capitalism makes everybody rich enough to own a yacht.
We don’t even get the education worth the money. WHERE IS THE £9,250 we pay and more payed by international students GOING?
How’s that commercialisation of higher education gone across the last 25 years?
Jeezo, threads on HE are absolute hotbeds of fuckwittery.
UoM currently has 2b in the bank. Not in assets. Pure money. And they been complaining internally.
Literally what are you spending my tuition fees on you have a problem what's wrong with you ACK!
But student fees haven’t stopped being paid during coronavirus, so how on earth is this happening?
It’s almost as if locking everything down for 4 months causes industries to go bust, who knew
they’ll be fine 🙄🙄🙄
How is this possible when students pay 10k a year?
How the fuck do they need a bailout? Students pay £9250 a year, international students more. Wheres the money going hmmm?
Good news, they just produce leftwing sheep anyway
Really? Where's the vast sums of money going that students (tax payers) pay each term? I would insist upon universities opening their books before a penny more of hard earned tax money is given to them.
They have the best brains, teach economics, so if in trouble you deserve it. Couldn't manage a pint let alone cash flow forecasting, variable income, fixed overheads to variable overheads.
Every cloud etc ....
Fake news. Name them!
So the socialists need capitalists to bail them out. It was ever thus.
melissaaayoungg
I would like to know which UK universities? Here I am still confused between unis. One is asking for £8000 (prestigious uni) despite the cronavirus crises, while other has reduced its fee to £3000 only (very low level) for PG students.
If you’re studying arts like film , fine arts you’re biggest asset isn’t the degree but th skills you learn. There are now alternative ways to learn more than ever. I study at uni and I’m taking a break for health reasons... but universities could do better!
Oh well
Good hope it happens then the left wing lecturers can go teach in Vuenezalia .
Good, drain the swamp of MarxistTeachers
Uni's have certainly not done Britain any favours.... Let them rot...
Let them go bust, liberal lunatics.
Good .. bring back apprenticeship schemes ....
Let them go bust.
Then where the fuck has our £9k a year been going?!
But yet people be paying 27,000+ for three years so where is that money going?
Don’t believe that at all with the amount of students that pay rent on uni accommodation as well as the tuition fees
Good news
Many of these ‘unis’ made money offering phoney degrees and wasting 3 years of children’s lives!
That will take care of the surplus of Lefties in our education system.
Keep banning Huawei and Chinese students.
Uni is a massive waste of time
Good luck.
The happy tories in these comments are not surprising. University is the first step to social mobility, they like the class divide exactly how it is.
FrancaisFarage Good.
Excellent that's 13 less Socialist indoctrination academy's.
Good news. Thanks
Observation. Excellent news as anything that reduces the numbers of militant left wing 'professors' brainwashing our children the better.
Yay
Good.
Make China pay! Order China give gold to the UK, or the Chinese international students will be executed after served as COVID-19 lab mouse!
Good less ANTIFA training grounds the better!
with 132 Unis in UK,time the non performers let go..
How? Were tuition fees refunded? Was unused prepaid student accommodation refunded? Did their savings on utilities, catering, admin & expenses claims vanish? Or do Universities make vast operation profits elsewhere? Hence the demanded exorbitant tuition fees are unnecessary?
Does this mean my 50K debt disappears....🙄
Of the three reasons supplied for loss of income, one stands out as the main reason: losses on long-term investments... So you didn't invest very well and now are suffering. Who's fault is that?
Good,
Few less snowflakes being further influenced by left wing, liberal agendas then.
And 🤷🏼♂️
Great news
No bad thing if they indoctrinate more than teach.
Good. Universities are extremists grooming field - indoctrinators exploiting vulnerable minds & politically groom learners. It should be a crime for teachers to be exploiting vulnerable ppl and grooming them for a certain political gain. GavinWilliamson BorisJohnson RishiSunak
Good.
Good bye bye
Great news How long until we can expect this to happen Current models and teachers are not fit for purpose clearly we have some major issues with how most of the youth hate the country and rioting and wanting to teach nursery kids adult sexual education they have lost control
Never mind
Our universities were the centre of learning. In recent months I've realised that is no longer the case. They're taught 'same- think' rather then critical thinking. Such a shame!
That's what some businesses do. Go bust
Higher education the biggest con around and produces underachieving clones, who have no idea of real life. A few less productive and low achieving universities should be closed and their property portfolio sold to fund apprenticeship initiatives, say the bottom 30 performers.
Who'd have thought that gearing your entire business model around milking overseas student's money would be unsustainable
Then they need to open up fully, stop with the ridiculous guidelines and give students a proper education.
Really? Aren't students still paying their fees despite not receiving their education? scammedia fakenews NothingToSeeHere
how are they going bust though? students have still been paying there fees during the covid pandemic
So this means that call centres will now have to start taking on customer advisors who don't have a degree!
I know you're just trying to cheer me up.
Bollocks 😂😂
GenesisElijah Ask Student Finance for a loan and just pay off the interest
Sees the arts getting 1.3 bn free money. Unis with the 5head move of acting impoverished to get their own free money!!! Yay Free Money For Everyone!!!
Dont need all these STUPID courses. Learn on the job. Unis shd be for docs, scientists, engineers etc. Not bloody travel, marketing , sport etc
Time to go back to work, the risk assessments being done are so over the top it’s crazy. There has been no mass virus cases at supermarkets - if they can do it safely, surely the best academic minds in the country can work it out.
What...wait....no more Marxist indoctrination classes?
Brilliant news, 80% of them are a waste of money and students should think long and hard before they attend one of these Marxist indoctrination camps. You are merely paying lecturers to tell you what to think rather than open your mind. Redundant lecturers should learn to code 👍🏻
With the money that they freely spaff around on Management many are architects of their own downfall and most are (renamed) Polytechnics.
The government should NEVER bail out universities, they cost a fortune to attend and if they cannot make ends mean then tough shit
I’m like 85% sure this is what these arrivals are using as references
EndUKLockdown1 You don't bite the hand that feeds you
whoop whoop, yet ANOTHER win for the 'lockdown' fanatics and hypochondriacs!
😁
you just not gonna name them or nah?
EndUKLockdown1 Why would they? Given that a good number of them receive funding from The Bill and Melinda Gates Foundation as does the BBC!
My daughter got a fabulous education and degree, lots of debt and couldnt get a job. Money well spent I say NOT. Unless you are going to be a doctor or lawyer or similar forget Uni. Do an apprenticeship instead.
Just 13? What a shame. We could do without most of them.
With all the money they get from fees why have they no reserves? Why are they not providing online courses to generate income?
Let them, true market forces Universities have exploited their position, over charge for courses that have limited future prospects, and, have lowered the value of gaining a degree Justice
If they can't survive after 3 months then they were run badly
I see a lot of experts in University finances here... possibly also in international trade and viral epidemics!👏👏 How can we still critisise the UK's education system when it generates so many people capable of having an expert opinion on anything, just based on headlines?😏
Difficult to sympathise when they charged us a fortune to attend their institutions. Four hours contact time a week. Vice chancellors on £300k p/a.
Great news!
13 UK universities 'could go bust without bailout' 2010 & Tory Lib Dem alliance & debt driven rapid expansion of universities - Chancellors etc paying themselves 6 digit salaries Universities should not be bailed out with more tax payer money & middle class made to pay more tax
Indoctrination centres won't be missed
Some GOOD news at last. No bailout should be permitted. BBC next.
Lol, no. They ain't bringing in any less money.
They take enough in fees and as such should not get a public bailout.
Good
R/W think tanks on how to solve the education crisis. they replaced our system with the American system to bring class back into the system. the rich will always prosper the poor will always have to pay for their prosperity.
Yes those tech colleges gave the practical side of training.
All the right wing comments wanting higher education shut down as it's full of lefties lol. Same people who think brexit good for the economy and Boris done a good job handling Corona virus !!!
Fuck me. Some of the people commenting on here need to go to University
I am all for education, being one who never went to Uni (Only for the very bright in my day) However I do think the system needs slimming down.
'Please, sir. Can I have some more?'
'But the least prestigious universities are at the greatest risk, says the IFS.' There are 130 universities in the UK according to the league tables. The bottom 13 have an average 'score' of 39%. Remind me why we need 130 universities?
Good. The fewer Marxist induction centres the better.
About time!
Should be named. This would help people choose what and where they want to go next year or the year after.
No big loss. Nobody needs their indoctrination.
For students about to embark on university and those about to choose their options names would be useful to so many. It's almost a useless story written to scare and give more worry to groups of young adults who have enough to deal with already.
EndUKLockdown1 That's good news is it not No more anti British left wing indoctrination
EndUKLockdown1 Maybe they should stop giving money away to Marxist organizations then. And they're supposed to be the smart ones pffft
Lot of hate for Uni’s and massive hate for Cambridge here. Daughter is applying to Cambridge for 2021.
You mean 'Lockdown: 13 UK universities 'could go bust without bailout' ' surely
Good.
There has been a bubble in the University sector for years. A bloated management class, inefficient bureaucracy and PFI schemes are all contributing factors. Coronavirus and Brexit have merely brought these issues out into the open.
I bet all the six figure salaries wont be cut though
EndUKLockdown1 Well I never ! You and the other MSM are complicit in this you idiots. You propagated the fear narrative and forced everywhere to close for months. Do you think overseas students will now come here to a dictatorship ? A lot of them were getting a break from their own at home.
i'm not saying everyone who goes to University is a crazed left wing nut case.. but every crazed left wing nut case seems to go to University?
Names... We need names
No universities or teachers will be needed once the installation of NWO is finished. Agenda21 WHO UN
Good
nusuk ucu Wolves uni VC spent 27k on flights in one year; Bedford VC spent 44k on flights; ex-Bath VP spent 468,000 in one year on cars, flights & accommodation. U Man VChancellor spent 22k on flights & 103 employees were paid 100,000+. THAT is WHY 13 uni's are NEARLY BANKRUPT!
PhilipPlickert let's hope Cambridge is among them. They have cancelled to many good minds and promoted racist ideologs.
Best news all year If only we could shut them all down today
Ask the big cult to dig deep then.
Coronavirus has revealed the folly of marketising the university system..
Well they haven’t changed much since I was a student 50 years ago aso maybe it’s time to think outside the box!
Good
Lol_worthy.
ucu nusuk UCU named uni's 'at risk' Draw your own conclusions. Top 13 were: BG, Lincoln; Edge Hill; Newman; Newman Arts; Bath Spa; Bucks; Canterbury CC; Harper Adams; Leeds Music; Leeds Trinity; L/Pool Hope; Roehampton & Rose Bruford. (see page 12-13)
Big deal. Who needs Universities. Its rubbish.
Then let them go bust.
MAYBE IF ALL THE SCAREDY CAT LECTURERS WALKING AROUND WITH MUZZLES ON PROTESTED THE LOCK DOWN FROM THE BEGINNING, THEY WOULDN'T BE IN THIS MESS!!
Just a failed business model based on cartel pricing & offering very little value for money for most 'customers' 🤔
emxly17
Adam_CFC03 It's all crap
Name 'em..We know which banks have been told to improve financial buffers..
Good cut the chaff!
They set themselves up as businesses where the priority was to get income and fleece students. Live by the sword, die by the sword
Considering that Bill Gates has gone round UK universities bribing them for influence (as it bribes the BBC), maybe they should go cap in hand to that psychopath..
£21k to do a Gender Studies course and you can't make money? You deserve to go bankrupt if that's the case.
Unless you’re doing a teaching, health industry based course, engineering or maybe law, then most courses at virtually every uni is a rip off, you will not get the 30k you spend in teaching and equipment, try to think of a career you want to do, and work your way up instead
Astonishing Ill informed responses to this story below. Apparently full of lefties so let them rot. Cambridge features tho pretty clear not one u dr risk!
Oooh nooo b-but i want to pay extortionate rates to learn mostly useless shit
They charge £9k a head. Where's the money going?
Online education has to be a mandatory way forward. With Zoom, still maintain an element of the personal
Many universities sit on huge amounts of capital. They ought to be made to share that among those at risk of closure. Pay cuts for vice-principles would save a few million too.
Left wing boot camps on the decline !
Poly gone
umorkujoh
Some of them kinda deserve it. They were reckless spenders and now its caught up with them! They shouldn't be bailed out either. If one of them is Plymouth University they should look into selling the chairs they bought for £150k!😂
I bet the majority of people who are happy about this have never been to university themselves. It is not right the right place for everyone but your negative comments just comes across as jealousy and being threatened at the thought of someone that is more educated than you.
What an absolute shame. 😱🤔😉 Time to tear them all down. Get rid of the Marxists that have infiltrated the faculties and regain the narrative from outside influences.
Hope oxford is one of them
Didn't they not manage to rob enough students blind Or have they realised paying vast amounts to lecturers who only have 6 hours of contact time a week, is not a unmanageable business strategy
gowokegobroke
This better not be our university 😤 edenbrooks78
Let’s hope so’ they only teach marxism & hate now anyway ... equivalent of a isis madrasah
Some good news on a Monday morning !
Good, centres for spreading marxism
Shame🤣🤣
man made just part of the test see how its passed leaving properties behind perfict man made wepon but by who
Are they good universities?
It’s a pity Cambridge isn’t one of them.
The amount student have to pay I don’t think so . Chancellors of uni paid £300,000 to £400,000 a year plus bonuses , paid accommodation etc. Universities have been raking it in for too long .
I feel sorry for the employees especially but these institutions were failing many years before Covid 19
Communist party offer funding
We have too many universities anyway.
NUS of course want state intervention permanently. These universities have gotten fat off foreign students particularly Chinese.
No bad thing... we have too many pointless and costly (both for government and student) degrees. Work experience and practical learning from an early age, is the key.
Good, we need more plumbers and fewer media studies grads
At last, the BBC finds something positive to report. 😉
Keir_Starmer put pressure on BorisJohnson's Conservatives to wipe off student debt and undo the trebling of fees them and the LibDems did in 2010. What do you think, nusuk? This could be a golden opportunity to get this nation more educated.
Can medias stop talking coronavirus? Because we start feding up to hear that everyday! There are lots of things to talk around the world.
then renationalise them. 🤷🏻♀️
Good.
How about lowering fees? Many not bothering this year because studying online doesn’t warrant 9k. If they dropped the price more would sign up.
I pray your identitarian and intersectional indoctrination centres close asap!
No more wealthy international students coming ur way. hostileenvironment
Good, complete rip off.
Good. Too many people go to Uni. Invest in apprenticeships with useful life skills.
Good i hope they do they're infested with marxists
Good news. There are far too many of these Marxist racialist institutions.
We are all suffering! Blame China Not the government! It's just the way it is!
A lot of them are jumped up polys
Good
Get woke go broke.
Reminder there’s about 130 universities in the UK. The pandemic’s highlighted the systemic flaws
Oh... but how?
Local Councils have filed for bankruptcy. I think a trend is yet to come.
There are too many universities with mickey mouse degrees with little job prospects. If the universities do go bust, hopefully this will encourage young people in the UK to learn a proper trade and train in jobs like nursing
They should start cutting non-essential courses, like gender studies and the like.
Oh in your country too.
Fucking good ScumMedia
At least they saved the Arts !
I hope all those Tory muppets who are praying for unis to fail have deep pockets as you'll be the ones paying the unemployment money to all those teenagers sitting around without jobs who would've been in uni.
cry me a river... making snowflakes in there anyway
Apparently the 70k+ debt that millions of students take on still isn’t enough...
It's bullshit
All falling into place for the psycho Marxist 1% deep state elites. It's so simple for them when the sheep don't even question or think?
It is interesting that the strong and well managed businesses will survive, the banks are more likely to support them. The ones that have not saved for a rainy day wont.
Oops this doesn't look good for you BBC
If they have some Marxist mobs and anti white British and its culture in them like Cambridge uni to brainwash our kids and turn them against their own country and people then it’s better for them to go bust!😏🧐🤔
Best thing that could happen given the poison that’s being taught. IE the students rebelling & dictating the removal of historical artefacts of importance.
INFESTED WITH LEFTY SCUMBAGS, POISONING THE MINDS OF OUR CHILDREN .... NO GREAT FKN LOSS!!! .... I HOPE THEY ALL GO BUST!!!
Can I respectfully suggest we put the racist Cambridge_Uni to the back of the queue, and let them go bust anyway ?
Less universities is a good thing
Good then start from scratch and lose the lefty teaching/brainwashing
Let them. Left wing breeding grounds anyways.
Good
How?! They keep raising interest rates on 5 yr old loans... they aren’t starving
Another one!
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