Future financial challenges facing the higher education sector

A review of the financial health of higher education institutions published by HEFCE concludes that the higher education sector in England faces significant financial challenges over the next three years.
While the projected performance of the sector to 2016-17 is sound overall, this assumes that higher education institutions will achieve their student recruitment targets, and that there will be no further reductions in government funding.
These findings are part of the summary of finances for universities and colleges in a new HEFCE publication, ‘Financial health of the higher education sector: 2013-14 to 2016-17 forecasts’. More...