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Three unis on brink of bankruptcy

Has the marketisation of higher education failed?

https://inews.co.uk/news/education/university-bankruptcy-reliant-on-loans/
Original post by Telomere
Has the marketisation of higher education failed?

https://inews.co.uk/news/education/university-bankruptcy-reliant-on-loans/


nah higher education is in dire need of some Darwinism to reduce the number of people going to university for no benefit
This question relies on an understanding of unis' financial situations, meaning you regularly read uni financial reports.

Few of us do that.

But as above, a lot will give their opinion anyhow.
Put the damn names of the unis and your main argument in the OP. I’m sick of having to click on outside links.
Reply 4
Avatar for MKBH
MKBH
15
Does anyone know which unis?
Reply 5
Avatar for Telomere
Telomere
OP
15
Times Higher is publishing an article at midnight tomorrow that is supposed to be providing finanical breakdown.

There have been previous articles in the Guardian in the past year on struggling institutions so at least two of the three are easily guessable.
So this thread is total clickbait
Doubt it will be anyone major and theres already a very high number of unis, so if three had to be taken over or merge, then am sure it will be fine.
Rather worrying possibility that the institutions that have recently recieved the largest shocks are one with a high proportion of teacher and nursing/healthcare training courses.
Original post by Notoriety
This question relies on an understanding of unis' financial situations, meaning you regularly read uni financial reports.

Few of us do that.

But as above, a lot will give their opinion anyhow.

The published accounts are a very poor guide to this.

Whether a university is in financial trouble or not really depends on its bankers' confidence in its cashflow plans.

Most businesses that rely on selling their products on three year contracts, can continue trying to market those products until the men are actually standing idle. Universities know that if they haven't got the students in August 2018 now, they won't have the revenue from them in April 2021.

However, this is a relatively long time to ebable them to monetise other assets, particularly land. Accordingly, the question of survival or failure for a university is often about whether its bankers consider there are assets that can be monetised.

London Met has a £3.9M deficit this year but what is the alternative use value, rather than book value, of its property interests?

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