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Regulator warns three-quarters of universities could be in the red by next year
A general view of a graduation ceremony at University Campus Suffolk in Ipswich, October 19, 2015
LABOUR was urged to provide long-term public funding for higher education yesterday after the sector’s regulator warned that nearly three-quarters of providers could soon be in the red.
The Office for Students (OfS) said up to 72 per cent of higher education providers could fall into deficit by 2025-26.
In its report, it put a decrease in student numbers as a significant factor and estimated that British and international entrants were 10 and 23 per cent lower than sector forecasts this academic year.
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