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The UK's University business model is now pretty stark.... fees from non-UK students, and drawing down reserves (and income from investments) are the only two things left to cross-subsidise the rest of universities' activities (research & the teaching UK students, both of which are 'loss-making').

This model cannot go on forever - international students are in a post-Brexit deciine reserves are by their character, limited!

The crisis in higher education is going to get deeper!

#universities

in reply to Emeritus Prof Christopher May

i wonder how these numbers compare with US state universities. State funding has declined dramatically in recent years...

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