"Philanthropy has a role to play in education, but the funding of higher education should not depend solely on the choices of wealthy individuals, as this creates significant disparities among institutions."
"The UK's two richest universities attract a disproportionate share of educational philanthropy, which increases the gap between the oldest, most selective institutions and others struggling to secure funding."
"With international student numbers declining and a new levy on their fees forthcoming, many institutions are in a precarious financial position, leading to potential cuts and bailouts."
In 2024-25, UK universities received about 2% of their income from donations, slightly down from the previous year. A record £190m donation to the University of Cambridge by billionaire Chris Rokos will fund a new postgraduate school of government. While philanthropy is important, reliance on wealthy individuals exacerbates funding disparities among institutions. The richest universities attract most donations, while others struggle financially. With rising domestic fees and declining international student numbers, many universities face deficits, and demographic changes threaten future enrollment numbers.
Read at www.theguardian.com
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