HE overturns UKPd50m deficit

Article Abstract:

The higher education sector in the United Kingdom was back in the black in 2001-2002, generating a surplus of UKPd64.3 mil, vs a deficit of more than UKPd50 mil in 2000-2001, however the financial health of individual universities varied significantly, according to the latest figures from the Higher Education Statistics Agency. The biggest change was recorded by King's College, London, which posted a surplus of UKPd2,634,000 in 2001-2002, vs a deficit of UKPd18,325,000 in 2000-2001. The Open University had the biggest deficit in 2001-2002, with UKPd8,968,000, while the University of Oxford, with UKPd16,561,000 had the biggest surplus.

Sales & consumption, Industry sales and revenue, Educational aspects

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AUT staff lose faith in Hull v-c after cuts

Article Abstract:

Association of University Teachers (AUT) members at the University of Hull have unanimously passed a vote of no confidence in David Drewry, vice-chancellor of the university, claiming that planned job losses at Hull will leave the celebrated library of poet Philip Larkin "decimated". The AUT has called for an inquiry into the finances and management of the university, stating that budgets are in disarray and senior managers are quitting. Jane McAdoo, national AUT president, claims that Hull is being crippled by incompetent management, with world-renowned and previously dedicated staff now fighting to get out.

Colleges & Universities, Colleges, Universities, and Professional Schools, Management dynamics, Personnel administration, Colleges and universities, Management, Evaluation, Universities and colleges, Labor relations, Company business management, Association of University Teachers, Drewry, David, University of Hull

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Private fears, public worries; with worldwide public budgets falling, private sector education is growing

Article Abstract:

The growth in private higher education institutions worldwide is thought to be largely due to less public money being available. In the Philippines privately funded students outnumber state by 85:15, and other countries have similar ratios. Universities now receive much of their funding from private, rather than state sources. In the UK state funding accounts for less than half of some universities' income.

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