A bankrupt university was inevitable once market forces took hold | Anne Perkins

Demand is down, supply is up – something had to give and now universities are on the brink. It’s all so avoidable

The decade-long experiment in turning universities into market-driven businesses whose success depends, like a cut-price airline’s, on student bums on lecture seats, looks likely to claim its first casualties.

This will come as no surprise to anyone in the sector. It shouldn’t even surprise ministers, but it should be a nasty shock for them. The system of 18+ education that has emerged since 2010 is turning into a national catastrophe.

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