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    Birmingham universities could lose £100m in funding


    Universities in Birmingham could lose £100 million in funding under Government spending cuts, it has emerged.
    Research by House of Commons officials suggested the University of Birmingham, one of Britain’s most prestigious colleges with a world-wide reputation, is set to lose £44 million alone.
    The cash will be replaced by increased tuition fees paid by students, under Government plans to let universities charge up to £9,000 a term.
    Figures were published after Business Minister David Willets announced that universities would be allowed to increase fees dramatically from the current limit of £3,290 a year.
    But higher fees have been welcomed by the University of Birmingham - which said it needed the money to make up for the cut in Government funding.
    Professor David Eastwood, the university’s Vice-Chancellor, said: “Following the significant cut to universities’ public funding, a cap of £9,000 is the minimum required for leading universities to compete in the global higher education market.”
    To read the entire article, go to the Birmingham Post

    Posted by Birmingham Budget Cuts on 7:51 AM. Filed under . You can follow any responses to this entry through the RSS 2.0

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