The Higher Education Funding Council for England (HEFCE) has announced that three quarters of English universities are facing a real term cut of £573m from this year's budget, with unions warning of hundreds of job losses.Indeed, some are facing cuts of up to 14 per cent in their budgets for next year.
As yet, universities in Wales has not been told of the financial settlement from the Higher Education Funding Council for Wales (HEFCW) but if assume the Barnett formula, this could amount to as much as a £30 million cut in Welsh higher education.
Will HEFCW ensure that all universities have to cut proportional to the grant they receive or will they, thanks to intense lobbying by certain vice chancellors, try and protect some institutions from the worst cuts. For example, three institutions - Cardiff, Glamorgan and Swansea - receive over half of HEFCW's funding. Will these three also therefore be subject to the same proportion of the cuts expected in government funding? Will there be 'chwarae teg' for all universities in Wales?
In addition, there is the question, as higher education policy is devolved, whether such cuts will passed on in full to universities in Wales or, as the First Minister has promised, will "education will increased by at least one per cent above the block grant allocation"?
Comments
Bangor & Aberystwyth for example.
Pelagius - you may well say that, I can't possibly comment:)