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Universities urged to focus on third-stream income |
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| 07/04/2008 | |
| The Times Higher notes that the results of the Grant Thornton-Times Higher Education review of the financial health of higher education institutions in the UK confirm that there are very rich universities and comparatively poor universities, that there has been a period of real increase in income (largely through the introduction of tuition fees) and that the sector as a whole is just about managing to balance its budget. As competition intensifies, universities that focus on third-stream income and that revamp the campus experience will be in the strongest position to thrive in the future. An increasing polarisation between institutions is starting to take place, which is now being reflected within the financial results, and this polarisation is only going to accelerate in the next few years. |
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