May 5th, 2022
The university has today submitted its response to Government following major consultations on funding in Higher Education.
The Department for Education has led consultations into Higher Education Reform – including views on proposals to limit student numbers and change eligibility requirements – and Lifelong Loan Entitlement which will allow students to take out a loan for education to be used across their lifetime.
The university has submitted a formal response to both consultations which reflects the values of our institution and covers the following:
We emphasise that in looking to make efficiencies, it is unavoidable that the student experience is impacted as well as research activity. We respectfully ask the Government to consider the knock-on effects of limitations to funding now and the short-term savings on society and the economy longer-term in restricting the ambitions of Higher Education.
The university is supportive in principle of the concept of LLE but has concerns over eligibility and scope.
We ask Government to;
The Russell Group has submitted its own responses – Higher Education Reform and LLE– on behalf of the sector urging the Government to prioritise long term sustainable funding for higher education to ensure high-quality teaching provision can continue to be responsive to the country’s skills needs.
It estimates that as a result of rising student demand and rapidly increasing costs alongside frozen tuition fees up to 2024/25, the average deficit per UK undergraduate taught is set to more than double from £1,750 in 2021/22 to around £4,000 in 2024/25, with deficits across all subjects.
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