£1bn-a-year “black hole” in UK university funding revealed

A £1bn-a-year “black hole” in university funding means the Government’s new £9,000 fees regime is in danger of costing taxpayers more than the old system.

A report by the Higher Education Policy Institute (Hepi), a highly respected think-tank, says the Government has “seriously understated” the cost of its higher education reforms. As a result, ministers will have to consider drastic cuts in student numbers or ask graduates to make higher repayments.

The findings are deeply embarrassing for the Government, but particularly for the Deputy Prime Minister, Nick Clegg, and the Liberal Democrats, who ditched their election pledge to oppose rises in fees on the grounds that they were supporting an austerity programme.

Read on: http://www.independent.co.uk/news/education/education-news/1bnayear-black-hole-in-university-funding-revealed-8225465.html

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About Virality

Tony D. Sampson is Reader in Digital Culture and Communications at the University of East London. A former musician, he studied computer technology and cultural theory before receiving a PhD in sociology from the University of Essex. His publications include The Spam Book, coedited with Jussi Parikka (Hampton Press, 2009), Virality: Contagion Theory in the Age of Networks (University of Minnesota Press, 2012), The Assemblage Brain: Sense Making in Neuroculture (University of Minnesota Press, 2016) and Affect and Social Media (Rowman and Littlefield, due 2018). He is organizer and host of the Affect and Social Media conferences in the UK, a co-founder of Club Critical Theory and Director of the EmotionUX Lab at UEL. He occasionally blogs at: https://viralcontagion.wordpress.com/ Full academic profile: https://www.uel.ac.uk/Staff/s/tony-sampson
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