1 September 2014
PA’s Mike Boxall, higher education expert, is quoted in an article in the Financial Times on universities investing in new facilities.
The article explains that a recent survey has revealed that four out of five universities will increase capital expenditure over the next year in order to build new facilities such as laboratories and libraries to entirely new campuses.
However, Mike warns that there would be “both winners and losers” if these large investments did not bring in school-leavers as intended.
Mike goes on to say: “You have to worry that there will be some institutions who have spent money on nice shiny new facilities and buildings and campuses...and then don’t have the students to fill it, so they’ll be stuck.”
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