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An annual survey by the Institute of Student Employers' has reported a "resilient" graduate labour market with 10 per cent more jobs than the previous year.
The University and College Union has confirmed that strike ballots will open at 69 UK universities on Monday September 9 over USS pensions and pay, workloads, casualisation and equality.
Sajid Javid’s increased education settlement will boost school coffers but higher education was barely mentioned in his first Spending Round.
With calls for a post-qualification admissions system, greater transparency around unconditional university offers, and the need for a more ambitious contextual admissions strategy – is the current admissions process fit for purpose or is it ready for a refresh? June Hughes, University of Derby Secretary and Registrar, discusses the complexity of the university system.
As the latest Teaching Excellence and Student Outcomes Framework (TEF) results are published, Sue Reece, Pro Vice-Chancellor (Student Experience) at Staffordshire University, says the efforts her institution made to move up from a Silver to a Gold award were worth it, despite flaws in the TEF methodology.
New pressures affecting the financial health of higher education institutions in England could leave the sector facing a net debt approaching £4 billion, funding chiefs have warned.
Madeleine Atkins, chief executive of the Higher Education Funding Council for England, told delegates at Hefce’s annual meeting in London that universities’ own financial projections suggested the sector as a whole will fall into the red by as much as £3.9 billion in just two years.
A report on the financial health of the HE in England due to be published by Hefce in November paints a worrying picture of falling surpluses and increasing borrowing, with significant and growing variations in the financial position of different institutions.
The forecasts also show a growing and potentially unrealistic reliance on increases in fee income from international students to prop up finances. Institutions are projecting a 25 per cent real terms rise in revenues from overseas student fees, at a time when the latest figures from the Higher Education Statistics Agency show a flattening market.
Professor Atkins commented: “There is a question of how realistic this is going to be.”
Adding to the concerns is the fact that the forecasts were taken before institutions knew the outcome of the EU referendum. The impact of Brexit is therefore not included in the calculations.
Professor Atkins warned that if overseas student numbers and fee income failed to rise, surpluses across the sector could fall to as little as 0.2 per cent of income by 2018-19.
Institutions have been more cautious in their forecasts for capital spending, which is expected to start to fall from its high point this academic year. A quarter of the sector is holding off from committing to further capital investment in 2018-19, which may in part be due to caution over the unfolding situation over Brexit, Professor Atkins said.
The report also points to an increasing backlog in estates maintenance, not on new buildings but on keeping existing facilities up to "baseline requirements".
Professor Atkins said the overall situation presented major challenges for university senior managers and governors. While in the past a decline in the sector's finances might have been seen as a blip "there is more of a sense now that there are many issues that could impact on financial health".
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