The Independent has published an article on the findings of PA Consulting Group’s survey of university leaders, which reveals that 77 per cent of survey respondents believe a number of universities will fail. This will happen as a result of government reforms to higher education and a fall in the number of students applying for places. Quoting from the PA report, the article confirms: “Opinions are divided on the prospects for outright institutional failures or insolvencies, but over 77 per cent expect significant rationalisation through institutional mergers and takeovers.”
The article highlights the impact of rising fees, falling birth rates and government immigration policy on universities and includes a quote from PA’s Mike Boxall, who comments: “We are witnessing a sea-change in the dynamics of higher education.”
Mike Boxall, PA higher education expert
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To read the article in full, click here.