It’s that time of the year again – Registrarism crunches the numbers on possibly the last ever HEFCE Grant Letter: a ritual we have known and loved.
A report released today by the powerful Public Accounts Committee (PAC) strongly criticises the government for disregarding warnings about the dangers of vast sums of public money being given to for-profit higher education colleges.
Today the Public Accounts Committee has released their report ‘Regulating Financial Sustainability in Higher Education’. It calls for greater regulation of HE after the new funding regime begins and raps BIS on the knuckles for getting their sums wrong over fees. It could make for uncomfortable, but probably not devastating reading in some parts of Government. And it adds weight to those who’ve been arguing for a long time that the Coalition’s fees policy doesn’t add up. This post has a look at some of the headlines from the report.