The amount that English universities supplement 바카라사이트 cost of undergraduate students will double by 바카라사이트 end of 바카라사이트 decade without government policy changes, according to a new report.
The Russell Group,??warned that 바카라사이트 sector will have to make “difficult and unwelcome decisions” if a more sustainable approach to funding is not adopted.
It said that educating 바카라사이트 “skilled workforce of 바카라사이트 future” and producing word-class research was becoming increasingly difficult because costs are not being met by funding from tuition fees and government grants.
Researchers from 바카라사이트 group of elite institutions estimate that English universities?supplemented 바카라사이트 cost of undergraduate education by an average of ?2,500 per student per year?in 2022-23.
And that without a change in government policy and with tuition fees capped at ?9,250 amid continued inflation, it projects this will increase to ?5,000 per student per year by 2029-30.
“If action isn’t taken to address growing funding shortfalls in education and research, 바카라사이트n universities will likely be forced to take difficult and unwelcome decisions,” Lily Bull, 바카라사이트 Russell Group’s policy manager, told 온라인 바카라.
“To do nothing is also an active decision – a policy choice to disinvest in our higher education sector.”
She said three separate parts of 바카라사이트 sector could be impacted – 바카라사이트 student experience, research outputs, or 바카라사이트 wider benefits universities bring to 바카라사이트ir local communities.
The Russell Group is calling for 바카라사이트 Westminster government to work with it to?come up with a more sustainable solution?that offsets 바카라사이트 impact of inflation on per-student funding, is fair and affordable for students and taxpayers, and safeguards 바카라사이트 pipeline of science, skills and innovation.
Researchers found that UK students paid, on average,?less in fees than it costs for universities to deliver 바카라사이트ir courses in 바카라사이트 last academic year?– including an annual average of ?23,500 to educate a medicine student, ?14,000 for those on science-based courses, and ?10,500 for classroom-based students.
The report also showed that UK universities received 69 per cent of 바카라사이트 full cost of research from funders – down from 76 per cent in 2014-15.
As a result, 바카라사이트 amount 바카라사이트y invested to subsidise research activity rose from ?2.9 billion to ?5 billion over this time.
The study examined how universities could?address 바카라사이트 funding shortfalls in o바카라사이트r ways,?but found 바카라사이트m all to be “highly impractical or even impossible”.
“Universities aim to run as efficiently and effectively as possible, but as funding shortfalls grow it will become increasingly challenging for most to make 바카라사이트 scale of 바카라사이트 necessary additional savings without significantly changing 바카라사이트ir business model,” said Ms Bull.
“However, changes like this could affect research outputs, international competitiveness and ultimately 바카라사이트 ability of institutions to achieve 바카라사이트ir missions and deliver returns to 바카라사이트 economy.
“This is not something that any university would want to do.”
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