Shaky finances of 30 providers being monitored by OfS

Regulator will not ‘prop up’ any institution found to be at risk of going under as greater funding pressures start to bite

Published on
April 25, 2023
Last updated
April 26, 2023
Source: iStock

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Reader's comments (2)

The full stupidity of the quasi-marketised HE sector laid bare. “Instead, we work to ensure that students are able to continue their studies elsewhere, receive credit for their attainment, as well as high-quality advice and guidance about their options.” Errrr. No. If a major provider closes it will be a s**tshow (and consequently there is a good chance of a bailout - despite the OfS and tories having to pretend that won't happen to prop up their failing ideology). Readers - please refer to OfS website for its "plan" for dealing with market exit - it certainly wasn't written on the basis it might actually happen.
Weighing the pig won't affect its performance. It would be interesting to see what advice is given to an institution that is struggling or is this too something the OfS weasels out of?

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