UK Universities Face Financial Crisis: Tuition Fee Hike Proposed
Education watchdog suggests raising fees and easing visa restrictions to prevent potential bankruptcies.
- Interim chair of the Office for Students warns of significant fiscal deficits in higher education.
- Frozen tuition fees since 2012 and declining international student numbers exacerbate financial pressures.
- Government officials consider root-and-branch reform of the university funding model.
- Mergers and partnerships among institutions are recommended as a strategic response.
- Education Secretary acknowledges the challenge but finds fee increases 'unpalatable.'