The Student Room Group

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Reply 1
i'm quite shocked to see queen Mary on the list, i was thinking of applying but its kinda put me off now. its ridiculous since they charge £3000+ and they are at risk of bankruptcy
Reply 2
Anyone got the full list? EDIT: Got 'em.

Universities named between 1998 and 2003:
Bretton Hall (now part of Leeds University)
Greenwich University
Luton University (now Bedfordshire)
South Bank University
The College of Guidance
Rose Bruford College
Trinity College of Music
University of East London
Westhill College
North Riding College
University of Westminster
London Guildhall (now part of London Metropolitan University)
College of St Mark and St John
Chester College of Higher Education
De Montfort University
Buckinghamshire Chilterns University College
Dartington College of Arts
University of Greenwich
Lancaster University
Liverpool John Moores University;
University of Lincolnshire & Humberside
London Metropolitan University
Norwich School of Art & Design
St George’s Hospital Medical School
University of Northumbria at Newcastle
Wimbledon School of Art
University of North London
Queen Mary, University of London
Trinity College of Music
Nottingham Trent University
King Alfred’s College
School of Pharmacy
Writtle College
University of Derby
North Riding College
Westminster College, Oxford
Sheffield Hallam
Loughborough College of Art and Design
Roehampton Institute
Ravensbourne College
three more that have not been named.

Why am I not surprised to see Derby on there? I have a horrible feeling York might be one of the three. I certainly get the impression that the cash is not exactly flooding in.
Reply 3
So does this mean that they are spending the fee's on something other than things students require? Like paying off debts?

The university that I'm going to isn't on there which i'm glad of, though its lower on the league tables than quite a few of those. I'm surprised as alot of people say the higher ones are high up because they get more funding. Obviously they just dont manage their funds very well if that is the case :s-smilie:
Reply 4
A reason that I'm so annoying by that is, living in London, I am inundated with advertisements for London South Bank, UEL, London Met, everytime I'm on the bus, the tube, or even walking down the street. Why don't they spend the money making sure they are fiscally sound instead of shoving posters everywhere? Meanwhile, students who don't know any better are swayed by the adverts and are giving their money into what might well be a black hole.

There was a university in the US that went bankrupt a few years ago. It lost is accreditation...so its degrees became worthless. The students currently enrolled had to either transfer or take a useless scrap of paper. I've heard stories in the UK of departments simply closing as well.
Reply 5
shady lane
A reason that I'm so annoying by that is, living in London, I am inundated with advertisements for London South Bank, UEL, London Met, everytime I'm on the bus, the tube, or even walking down the street. Why don't they spend the money making sure they are fiscally sound instead of shoving posters everywhere? Meanwhile, students who don't know any better are swayed by the adverts and are giving their money into what might well be a black hole.

There was a university in the US that went bankrupt a few years ago. It lost is accreditation...so its degrees became worthless. The students currently enrolled had to either transfer or take a useless scrap of paper. I've heard stories in the UK of departments simply closing as well.


Degrees become completely worthless if the college goes bankrupt? I never knew that. Is there anything that can be done to salvage a degree from a uni thats fallen apart?
Reply 6
Whilst this is bad, I'm not surprised with most on that list. However, I'm really shocked to see Lancaster there and quite surprosed about Queen Mary as well.

I'm most intrigued by the three that are not named though - I suspect there could be a few shockers (although my money would be on Manchester and York if there where any top ones in the mix).

I would be interested to see if York is actually one of them though as, whilst they have ambitious expansion plans, there appears to be have been a lack of investment around the place over the last ten years. Manchester as well because I've heard from some that they've been spending a bit too freely on their bid to become a world super power.
Reply 7
Blazenmoon
Degrees become completely worthless if the college goes bankrupt? I never knew that. Is there anything that can be done to salvage a degree from a uni thats fallen apart?


No, what happened is that they couldn't pay staff appropriately and had such poor resources that they failed to meet the criteria as a proper university.

Or you end up with this:
http://www.rsc.org/ScienceAndTechnology/Policy/Bulletins/Issue1/FutureUKChemDep.asp
Reply 8
Most of those are low in the league tables (for what that's worth) or are only HE colleges. Still shocking though. l'm so glad my uni wasn't on that list, l didn't think it could be bankrupt, but you never know!
l don't think a degree that's already been gained can become worthless just because a university becomes bankrupt. Students who went there in the past still worked to get their degree and can't be ungraduated. That doesn't make sense!
Reply 9
What I meant was that students at the university WHEN it becomes bankrupt, who haven't finished their degrees. If you are about to take your 3rd year exams and the university shuts down, you don't get a degree, do you? That's what happened in the case I mentioned.
Reply 10
I'm disappointed to see Lancaster University on that list. :s-smilie:
Reply 11
Also has anyone seen those posters where Buckinghamshire Chilterns is offering every admitted student £3000 stipend?
Reply 12
Agamemnon
I'm disappointed to see Lancaster University on that list. :s-smilie:


I think I remember reading on TSR that Lancaster was having loads of problems with the college system and also that the SU might shut down?
shady lane
What I meant was that students at the university WHEN it becomes bankrupt, who haven't finished their degrees. If you are about to take your 3rd year exams and the university shuts down, you don't get a degree, do you? That's what happened in the case I mentioned.
yeah l see what you mean
l would've thought the uni would only shut down after people had taken their exams so the final years would be able to graduate, but everyone else would be have to transfer :confused:
Reply 14
shady lane
What I meant was that students at the university WHEN it becomes bankrupt, who haven't finished their degrees. If you are about to take your 3rd year exams and the university shuts down, you don't get a degree, do you? That's what happened in the case I mentioned.


Well there should be the possibility of transferring to another university to finish their degrees, but of course it would be an enormous disruption.

I'm suprised to see Lancaster University and Queen Mary (which are not low-ranking universities) on the list.

I expect the government would step in to help a university if it was literally about to collapse.
Cage can you please tell me where you got that list?

edited: found it :smile:
Reply 16
They were named between 1998 and 2003 so they may not be in financial trouble anymore?
Reply 17
But they don't get money! That's the problem :p:
Reply 18
Suprised to see Notts trent on there, not suprised to see Derby on there. Living near there, most people know its a bit of a waste of space. Of my year of 300 or so people, I know of one there.
Reply 19
Cage
Anyone got the full list? EDIT: Got 'em.

Universities named between 1998 and 2003:
Bretton Hall (now part of Leeds University)
Greenwich University
Luton University (now Bedfordshire)
South Bank University
The College of Guidance
Rose Bruford College
Trinity College of Music
University of East London
Westhill College
North Riding College
University of Westminster
London Guildhall (now part of London Metropolitan University)
College of St Mark and St John
Chester College of Higher Education
De Montfort University
Buckinghamshire Chilterns University College
Dartington College of Arts
University of Greenwich
Lancaster University
Liverpool John Moores University;
University of Lincolnshire & Humberside
London Metropolitan University
Norwich School of Art & Design
St George’s Hospital Medical School
University of Northumbria at Newcastle
Wimbledon School of Art
University of North London
Queen Mary, University of London
Trinity College of Music
Nottingham Trent University
King Alfred’s College
School of Pharmacy
Writtle College
University of Derby
North Riding College
Westminster College, Oxford
Sheffield Hallam
Loughborough College of Art and Design
Roehampton Institute
Ravensbourne College
three more that have not been named.

Why am I not surprised to see Derby on there? I have a horrible feeling York might be one of the three. I certainly get the impression that the cash is not exactly flooding in.


I very much doubt that considering that they've just invested in the creation of a new campus at Heslington East. If they can afford that then it would suggest that they're not in too much trouble financially.