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Britain's Universities in Existential Crisis?
Britain's university sector, a key contributor to the country's economy and global standing, is facing an unprecedented crisis that threatens its very existence, according to an analysis by Glen O'Hara, a professor of modern and contemporary history at Oxford Brookes University. Despite collectively...
The sector's annual losses stand at $2.55 billion, with one in four universities in the red.Job cuts have become a daily occurrence, with institutions such as Coventry, Goldsmith's, Kent, and Lincoln slashing staff numbers. Experts cited in an analysis by Prospect magazine warn that without fundamental re-engineering and strategic direction, the sector risks a gradual decline, with some universities potentially facing bankruptcy. As the next government grapples with this crisis, stopgap measures such as small funding injections, slight fee increases, and encouraging university mergers may provide temporary relief.
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