Uni funding cut by 400m

[Jeros]

Just saw this on the news, they are also planning on fining unis that take on more students that are allowed.

They also want "fast track" degrees that can be completed in two years.

They blame the cuts on more people going to uni.

Hells bells!

 

[Roo Stercogburn]

What percentage of the overall government university budget is £400m?

 

[Chilly]

thought it was 600m?

probably a smaller relative cut than other depts.

 

[Raven]

What percentage of the overall government university budget is £400m?

Around 10% I think.

I don't see that they have much choice really.

 

[Roo Stercogburn]

At the risk of getting badly burnt by other forum users for this...

...what about cutting down on overseas students coming here to study, or at least, bumping the homegrown ones to a higher priority. Oh, and prioritising science, engineering and business related courses over the, erm, more fluffy arts types.

I'd expect its all trimming rather than making a massive difference but if they are cutting corners...

<braces for flaming>

 

[GReaper]

<braces for flaming>

Roo for Prime Minister!

 

[Raven]

At the risk of getting badly burnt by other forum users for this...

...what about cutting down on overseas students coming here to study, or at least, bumping the homegrown ones to a higher priority. Oh, and prioritising science, engineering and business related courses over the, erm, more fluffy arts types.

I'd expect its all trimming rather than making a massive difference but if they are cutting corners...

<braces for flaming>

We should cut down on a lot of foreign things, bit bored of saying it now though so happy to just watch the country go to shit now

 

[Ctuchik]

We should cut down on a lot of foreign things,

such as?

 

[Raven]

People for a start. Cheap and nasty Chinese imports too. We have too many people living here, we import food to feed them which is daft. Both in terms of not being able to feed our own populous if the shit hit the fan and also dumb for the planet. We are constantly building unwanted housing estates on farm land, cramming more people in and using up more and more farm land. Its just stupid.

A country cannot survive if all it does is import products and lazy people and exports talent.

 

[Embattle]

Just saw this on the news, they are also planning on fining unis that take on more students that are allowed.

They also want "fast track" degrees that can be completed in two years.

They blame the cuts on more people going to uni.

Hells bells!

The Uni's would do much better to actually start getting rid of people who can't be bothered.

 

[Garaen]

The majority of 3 year uni course can and should be cut down to 2 years. They should also attempt to curbe the wasters attending uni just for the fun. If you fail a year at uni you shouldn't be allowed to return for another year.

 

[Aoami]

blaming the cuts on more people going to uni, despite their pledge to get as many kids as possible into higher education?

fuck labour.

 

[ECA]

At the risk of getting badly burnt by other forum users for this...

...what about cutting down on overseas students coming here to study, or at least, bumping the homegrown ones to a higher priority. Oh, and prioritising science, engineering and business related courses over the, erm, more fluffy arts types.

I'd expect its all trimming rather than making a massive difference but if they are cutting corners...

<braces for flaming>

Those overseas students pay full price and actually make money for the universities, that allow for our subsidised University costs

 

[Roo Stercogburn]

Those overseas students pay full price and actually make money for the universities, that allow for our subsidised University costs

This is why I'm a bit cautious in what I say. I haven't investigated nor am particularly up to speed on current status hence I can only make a few broad brush big picture type observations and had braced to be shot down hehe

 

[Chilly]

10% is cheap, overall spending needs to come down by at least 20% in the next couple of years if we have any hope of paying these debts off.

 

[tierk]

bit bored of saying it now

More than a bit bored reading you say it now.

Anyway just a quick link for you to read.

Overseas students prop up university finances | Education | guardian.co.uk

Overseas students contribute £4bn a year in fees, according to the UK Council for International Student Affairs (Ukcisa). More than 8% of the total income of UK universities comes from overseas students' fees, the Higher Education Statistics Agency has found.

Most overseas students starting an undergraduate degree in the sciences will pay an average of £10,781 in fees for each year of their course, the data shows. This is a 3.7% increase on last year's fees, Reddin found. Those on undergraduate arts degrees will spend an average of £9,911 in fees each year, which is 4.2% more than the average for the same courses last year.

At Imperial College London, students from outside the European Union enrolling on undergraduate degrees in the sciences this autumn will pay up to £20,400 each year in fees, information obtained from 175 universities and colleges shows.

Universities receive about £7,000 to cover the fees of each British or EU undergraduate for each year of their course.

No flaming just thought i would point this out.

As with most things foreign coming into the UK - despite all the crap in papers about foreigner's coming to the UK - a big +

 

[Roo Stercogburn]

As with most things foreign coming into the UK - despite all the crap in papers about foreigner's coming to the UK - a big +

Interesting read, cheers

 

[pez]

Think I heard on the news that the cut would be about 1% of universities budgets.

 

[yaruar]

It's all going down the pan TBH, this is just part of the problem, HEFCE funding for research is dropping and charitable donations are going to drop through the floor. Our budgets are dropping 10% in real terms year on year at the moment and that equates to departments losing 5% to 10% staff.

It's going to be an interesting few years in the higher education sector, i'm getting out into the private sector asap as there is more job security

 

[Embattle]

blaming the cuts on more people going to uni, despite their pledge to get as many kids as possible into higher education?

fuck labour.

The chance to go is fine, but as I stated earlier Uni's need to do more to remove the people who just waste time.

 

[rynnor]

2 year degree's are a great idea - I would have done one myself as housing/food are major costs and just the sheer value of a years extra earnings - cool!

As to the rest of it sadly its becoming cheaper to ship your kids abroad to study than to pay fees/high rent etc in the UK.

It will self regulate but bad for the economy when people start sending their kids to India to study...

It has the additional advantage of a good study ethic too.

 

[Chilly]

2 year degree's are a great idea - I would have done one myself as housing/food are major costs and just the sheer value of a years extra earnings - cool!

As to the rest of it sadly its becoming cheaper to ship your kids abroad to study than to pay fees/high rent etc in the UK.

It will self regulate but bad for the economy when people start sending their kids to India to study...

It has the additional advantage of a good study ethic too.

Where can you get free education then? I dont actually believe you.

Is a grand a term actually that much? For what you get from 9 grand or so (a degree worth a good half million quid, assuming you are not a waster and did a worthwhile degree) I'd say it's damned cheap.

 

[Aoami]

You don't even pay tuition fees anymore, they're covered by a loan. How many students worry about the amount of debt they'll be in before they've finished uni? 3? 4?

 

[Bugz]

If anything - this will reduce the proportion of home grown students to internationals studying abroad unless the tuition fees for home grown go up.

@Rynnor:

Have you got any figures for how much Indian universities cost? I'm curious

 

[JingleBells]

You don't even pay tuition fees anymore, they're covered by a loan. How many students worry about the amount of debt they'll be in before they've finished uni? 3? 4?

What? You do have to pay back the student loan you know! Anyway you have a loan to pay to live as well as the tuition fees, and the fees are rising are they not? Were there not plans to make the fees up to 3000 a year or something?

I left uni 3 years ago with just a £12000 student loan to pay off, I was lucky as I'd managed to avoid credit card and overdrafts, many people I know were not as fortunate. I've been working those 3 years and I think I've managed to pay off less than £1000 of the loan (interest is added from the day you receive your first loan payment, the rate increased to 4.8% at one point too), it's going to take another 20+ years to pay it off. With all the students owing this sort of money, a government/bank will probably eventually decide to hike the rates to get cash back, how many people are likely to have loans in say 20 years if the gov reaches this 50% target?

 

[rynnor]

If anything - this will reduce the proportion of home grown students to internationals studying abroad unless the tuition fees for home grown go up.

@Rynnor:

Have you got any figures for how much Indian universities cost? I'm curious

Around 10k a year at current exchange rates - this includes course fees and accomodation/trips etc. etc.

 

[Aoami]

What? You do have to pay back the student loan you know! Anyway you have a loan to pay to live as well as the tuition fees, and the fees are rising are they not? Were there not plans to make the fees up to 3000 a year or something?

I am aware of this, but I can't say it's at the forefront of my mind. I know i'll be in debt when i finish uni, but the interest and payback rates are great. Fees are already over £3000 per year.

 

[Bugz]

Around 10k a year at current exchange rates - this includes course fees and accomodation/trips etc. etc.

How is 10k a year abroad cheaper than the UK then?

/confused

 

[Aoami]

rynnor, it costs approx £6k a year to study in the UK.

 

[rynnor]

rynnor, it costs approx £6k a year to study in the UK.

Depends where you study though and it increases every year - wont be long before they are equivalent prices.

Also 6k?

3k course fees so you can then rent somewhere n eat for 3k for best part of a year? If you dont pay for the summers your looking at renting a place from Sept/Oct - May/June - 8-10 months.