Would I be right in thinking that the people who will volunteer to go will be elderly professors with the big pensions and the most experience and those with the most in demand transferable skills? Not great from a student point of view.
Is Edinburgh’s problem a heavy reliance on income from foreign students + fee payers from rest of UK? And has ScotGov assumed this will continue when setting funding levels for Scottish students?
"Sir Peter - who was awarded a near-£20,000 pay rise earlier this year, taking his annual wage to more than £400,000 - blamed ... " And I am very surprised of this too, but I only worked there for a moment, did not get to see all the inner workings like I have elsewhere.
Not sure cash reserves matter that much here - I think this is more a question of income and expenditure and what we’re seeing is universities having decided that the shortfall in international students is not just this year but permanent, so it’s adjusting expenditure to that new level.
Yes, agree with all that. Doesn't matter if you have a big cash stock, you've got to look ahead if the deficit is structural. It will only get worse too.
Comments
https://www.universities-scotland.ac.uk/wp-content/uploads/2024/01/US_PostBudgetBrief24-25-Jan-2024-.pdf
Looks like 2024 annual statement will also report a big surplus.
https://www.docs.sasg.ed.ac.uk/GaSP/Governance/Court/2023-2024/20240617-Court-Minute-Web.pdf
But a big drop in international students in 24/25 would be bad