Moral hazards in Uni mismanagement – a chilling read
Student Protection Plans (SPPs)are the creation of the Higher Education and Research Act 2017 and require universities to clarify their arrangements for students to complete their studies should the institution, course or campus close. But are these plans reliable? How will universities be held to account if it becomes necessary to activate them? And whose interests are most likely to be served by the terms of the SPPs? Are there some unforeseen moral hazards which attach totheir implementation?
These questions have taken on additional urgency this week when we have seen the release of distressing news for anyone who cares about UK universities and the talented staff and students who work within them. At least 8 universities are considering course closures, redundancies , or, as the University of Reading puts it
‘refreshing their vision’. So far, the following universities have made known their financial difficulties in recent days: Cardiff…
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