University leaders last week called on the new British government to develop a sustainable funding model for UK higher education following mounting concerns about the sector’s reliance on international students’ fees.
Speaking at Universities UK’s annual conference at the University of Leicester on Thursday, Steve West, president of the membership body, warned that universities are “already doing more with less”.
The cap on domestic tuition fees is currently frozen and inflation has meant that the amount universities receive has fallen significantly in real terms.
“By 2024/25 the £9,250 annual fee will only be worth £6,600 in 2012–13 prices,” West told attendees at the event.