Universities 50% better off than a decade ago – Study

Cries of penury from universities facing a 20% funding cut are ringing hollow in light of new analysis that reveals the sector is 50% better off in real terms than it was a decade ago, writes Julie Hare for The Australian.

A sobering analysis, released last week, of university finances by Ian Marshman and Frank Larkins from the LH Martin Institute shows most universities were much better off in terms of revenue and assets in 2014 than in 2004.

“Given the impact of the global financial crisis and significant regulatory setbacks to the recruitment of international students that have occurred over that period, this is a remarkable achievement,” the analysis says.
Full report on The Australian site