One in five further education colleges are "in poor financial health"

October 31, 1997

One in five further education colleges are "in poor financial health", and the government's withdrawal of demand-led funding this year is likely to make things worse, the National Audit Office told Parliament this week.

Demand-led funding was axed for this academic year as the expansion in further education, at 30 per cent growth since 1992, was higher than planned.

At July 1997, 93 colleges, or 21 per cent of the total, had financial problems, and "the withdrawal of demand-led funding may increase this number", the report warned.

Please login or register to read this article

Register to continue

Get a month's unlimited access to THE content online. Just register and complete your career summary.

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments