Thirteen universities face “a very real prospect” of insolvency following the coronavirus crisis unless they receive a government bailout, a study suggests.
High-ranking universities with large numbers of international students face the largest immediate drop in income, says the Institute for Fiscal Studies.
But the least prestigious universities are at the greatest risk, says the IFS.
Maybe more young people will go into vocational education instead of getting mickey mouse degrees and several years of relentless far left propaganda. Maybe, going into the workplace, they will face the real world instead of the rarefied atmosphere of academia and have their perceptions and ideas challenged. They might even learn to think critically. Maybe then we won’t have fast food joints and call centres full of graduates who will never earn enough to pay for those useless degrees.
So, yes, let them go bust and the swamp cleared as a consequence.
Quite right LR. Drain the university swamp and all the politically correct Marxist lecturers. Many degrees taught are a waste of time. Most young people would be better going into apprenticeships.
They must have seen what I posted on this subject 5 days ago on this very same platform (Longrider) pity I haven’t figured out how to copy and paste on a phone.
I would add
” The least prestigious Universities are at the greatest risk ”
So that would be the former Luton Tech and West London Polytechnic, no great loss.
John Major has a lot to answer for. The polys had a valuable role to play, it’s just that it was different from universities. Now they’re just 3rd rate universities and I suspect that their undergrads don’t realise that there’s a ‘class system’ in academia before they embark on an expensive degree which is worthless.
Amazing how so many institutions that have gleefully bashed the right year after year are now of course queuing up for gigantic bail-outs. (I was amused to see the theatres jostling their way to the front of the line.)
I went to an old fashioned polytechnic (Leeds Polytechnic at Beckett Park) from 1986 to 1990 before it converted into a new university…then changed it’s name twice (it was Leeds Metropolitan University and now is Leeds Beckett University).
I wasn’t doing anything highfalutin, just a HND in Computer Studies which was a reasonable qualification for getting a programming job back in those days. Although it was nowhere near as bad as it is now, even then the political correctness and lefty bollocks was widespread.
If asked by a kid today I would say “If you’re handy with your hands get a trade”. Going to university is a mugs game. All you get is a worthless qualification and a fuckton of debt. No use to man nor beast.