Wednesday 20 October 2010

Lord Browne: Universities warned to expect £4.2bn cuts

Universities UK claims tuition fees proposals confirmed the fear of massive cuts. Universities in England are being warned to expect an 80% cut to their teaching budgets in next week's government spending review. The president of the vice chancellors group Universities UK Steve Smith has contacted all higher education institutions informing them to expect a likely £4.2bn cut to their teaching and a £1bn reduction in their research budgets.

This echoes Lord Browne's review of funding which was published last week, said that he see's the teaching budget dropping to £700 million per year also he said degrees in medicine, science, engineering and modern languages could stop receiving subsidies.

Also he said Universities will have to start charging around £7,000 per year in fees to maintain the current levels of investment.

Read the full article here.

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