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UK Universities facing major fund crisis

For those who are packing their bags to leave India for their higher studies in Britain this year should check the status of their Universities now.  It has been reported that many British universities are facing huge fund crisis, as a result of which many courses in Universities are being terminated.  120 Britain's Universities of reputation are into research and teaching.  But, due to major funding cuts, some universities are on the edge of bankruptcy while others are struggling to stay unaffected.

The Indian and other international students pay huge amount of fees in comparison to British and European Union students.  This fee from international students is a vital source of funds and means of survival for many universities.  These U.K. universities have a large number of agents in India, and often universities ignore sub-standard academic qualifications to offer Indian students a seat in one of the University.  There have also been instances of Indian students complaining regarding the quality of education they are being offered.

For instance, the London Metropolitan University has decided to close 70 per cent of its courses such as History, Philosophy, Performing Arts, Caribbean Studies and Modern Languages.  Many universities have began the process of streamlining, cost cutting and staff reduction.  The teaching staffs are offered voluntary severance schemes.

Many UK Universities which are newly establised are running at risk.  There are 129 institutions which are funded by the Higher Education Funding Council for England (HEFCE).  Thus, a third of Britain's universities have been labelled "at risk" from government cuts.

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