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Universities face funding cuts
Posted on 23rd December 2009
For Student/Child
The government is to cut funding to the countrys universities over the coming years, it has been announced.
Business secretary Lord Mandelson has written to the Higher Education Funding Council for England to confirm reductions of £180 million and £83 million which had previously been revealed.
However, additional reductions in funds of £270 million will also take their toll on Englands establishments.
Universities will also be penalised for every student they accept over the government target, with fines expected to stand at £3,000 per person.
David Willetts, the shadow universities and skills secretary, told the Daily Telegraph: "This is very bad news for Britains universities with fines for taking on extra students and a very tough spending regime."
He added that the government had been skilful in its announcement by introducing it "at Christmas when no-one would notice".
Figures from the Sutton Trust indicate that independent school pupils will continue to be over-represented among the next generation of leading scientists and other scholars.
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