Universities' Funding Problems

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MG1011B INTRODUCTION TO MANAGEMENT ENQUIRY

The Down the U.S. Route is an article based on universities funding

problems.

Universities are under funded and don’t have enough resources to

provide for their students. British universities depend on government

support. However Cambridge and Oxford have financial support this also

integrates with Harvard as they have billions of funds.

Other countries are able to hire specialists to lecture their students

whereas British universities are unable to. British universities will

fall behind if they don’t improve their universities as the government

is not prepared to give money because they believe it won’t be money

well spent.

Blair made a point, ‘’every university has a right to set their

fees’’. Good universities attract intelligent students.

As stated in page 3 in the first paragraph the government will not

support higher education. As no modern government can fund for

universities. This is because Blair has limited the amount of money to

fund. At the same time as America can withdraw money from a private

sector.

The contradicting issue is that universities need to take more

students as the ratio between students and staff is changing. British

universities bring more foreign students as they pay seven times more

than British students.

The tuition charges have been chapped as £1,500. When this article was

written the Vice Chancellors thought chapped can be improved. As

Imperial College requires £14,000 to teach an undergraduate student.

As the National Union of Students has proposed to tuition fees.

However children from the Working Class Families are discouraged as

they have fewer opportunities to attend universities due to lack of

financial support. The Politicians such as the labour party affect

working class families this is because they support the government but

have no choice in the decisions made.

The tuition fees have been raised by 2% which is an indication of

public support for extra spending on universities. The voters do not

see the benefits which were provided by higher education.

Universities need money to survive. The education system needs radical

surgery if changes are to be made.

Using different resources and reading widely I gathered different

sources of information as I believe universities need money to survive

and stay successful. The major problems which have arisen by

universities are funding and tuition fees.

The Financial Times contacted almost 70 universities in an attempt to

chart the impact of market forces on academia ahead of the

introduction of variable tuition fees in two years time (Miranda

Green, Education Correspondent). Universities face new challenges as

the university of Liverpool admits, ‘’ admissions departments and

strategists are waiting to see if the advent of variable fees will

make some courses more economic to run than others.

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