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Could we see UK universities go bankrupt for the first time ever?
Britain's venerable universities face an unprecedented financial crisis, with the sector's funding model teetering on the brink of collapse. Long dependent on high-paying international students to offset frozen domestic tuition fees, institutions are now confronting a sharp decline in international students.
The Office for Students forecasts that up to 84 percent of universities could be in deficit by 2027 in the worst-case scenario. This looming catastrophe threatens not only academic institutions but also Britain's economic competitiveness and global prestige.
While the Labour government has rebuffed calls for an emergency bailout, a fundamental restructuring of higher education financing seems inevitable. Options on the table include indexing domestic fees to inflation, differentiating costs by course and consolidating institutions.
Source: Bloomberg
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