The death of the university, first announced many decades ago, has been a slow process. But its death throes quickened this year, as external threats met institutions bereft of purpose.
Perhaps most significantly, the financial crisis in England’s higher-education sector is coming to a head. This is due, in the main, to inflation, tax changes and frozen student fees. But warped spending priorities and bloated bureaucracies have also contributed to the problems facing almost three-quarters of England’s universities. Additionally, the decision 10 years ago to lift the cap on student recruitment has benefitted more esteemed and popular institutions, while leaving many others struggling to recruit fee-paying students. The facts are stark. Forty per cent of higher-education institutions apparently only have enough money to cover a few months’ costs.
