Sir David Behan emphasized, 'The resilience of the sector overall has been tested by a number of different forces ... the global pandemic, the impact of leaving the European Union ...' His remarks highlight how systemic issues have compounded to create a significant funding crisis in higher education.
He stated, 'It's important that universities revise their medium-term financial strategies ... They can't just carry on.' This indicates a need for university administrations to rethink their financial management in light of the current challenges.
Behan called for exploring 'mergers or partnership arrangements' among universities, suggesting that collaboration might be necessary for survival in a financially strained education sector.
Addressing possible solutions, he noted, 'If we're going to mitigate these risks to this sector, we need to look at all these possibilities ... to secure the financial sustainability of the sector.' This pushes for broad-ranging strategies to tackle the funding crisis.
[
Collection
]
[
|
...
]