Debt forces colleges to make recovery plans

July 5, 2002

Further education colleges in Northern Ireland have introduced recovery plans after growing debt levels.

The Department for Employment and Learning, which is overseeing a review of further education funding, has been told that debt overall has increased to £4.4 million.

Lisburn and Castlereagh colleges, both on the outskirts of Belfast, have begun to implement financial recovery plans and the North West and North East institutes are developing schemes.

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