Just over a week ago, I wrote about some of the financial problems that Welsh Universities could be facing in the current economic climate.
When I put pen to paper, little did I know that the Times Higher Education was about to publish a stark warning that "institutions could be facing financial ruin unles they make radical changes to the way they work".
In an article headed "Storm warning:change now or perish institutions told", the academics' trade journal warned that there may be up to 30 institutions facing a deficit this year and that a number could close.
The question that the Welsh Press and Welsh politicians have yet to ask, of course, is whether any Welsh universities are in such a precarious financial position and, more importantly, what effect this could have on the delivery of higher education in Wales?
When I put pen to paper, little did I know that the Times Higher Education was about to publish a stark warning that "institutions could be facing financial ruin unles they make radical changes to the way they work".
In an article headed "Storm warning:change now or perish institutions told", the academics' trade journal warned that there may be up to 30 institutions facing a deficit this year and that a number could close.
The question that the Welsh Press and Welsh politicians have yet to ask, of course, is whether any Welsh universities are in such a precarious financial position and, more importantly, what effect this could have on the delivery of higher education in Wales?
Comments
So my post ends on 1 September and I have to find another job, despite many other universities being in a similar boat financially! Time to leave academia, methinks...