Recession hits endowments hard

Article Abstract:

United Kingdom universities are discovering that the ability of endowments to bring in funds for these institutions has been affected by the recession, following high growth levels in income from endowments in the 1980s. Income from endowments rose by 8% for 1991-1992, compared with the previous year, and compared with a rise of 10% in income from all sources. London, Oxford and Cambridge Universities accounted for 47% of all endowment income in 1991-1992, compared with 45% the previous year, a reversal of the trend of a desrease in their share from a level of 52% in 1986-1987.

---

Boycott may cost London Met millions, warns v-c

Article Abstract:

London Metropolitan University (LMU) faces the loss of millions of pounds in research funds as a result of the intensification of an union boycott over new staff contracts, warns LMU vice-chancellor Brian Roper. LMU is not a wealthy institution, noted Roper, and if as a result of the strike a sizable proportion of this year's intake of freshers decided not to remain at the university, then the financial implications would be stark, with serious implications for jobs.

United Kingdom, Financial management, Colleges & Universities, Colleges, Universities, and Professional Schools, Personnel administration, Colleges and universities, Labor relations, Company financing, London Metropolitan University

---

The first rule of business: cover costs

Article Abstract:

Issues surrounding pricing and costing in the UK higher education sector are discussed. Particular focus is given to how universities can move to a more transparent, activity-based costing system and so avoid under-funding.

Similar abstracts:

• Abstracts: Even rent-free students should quit costly capital, says report. Rising debt hits access efforts
• Abstracts: Policies behind poverty. You have to get dirty if you want to clean up. In the right place for the wrong reason
• Abstracts: Teachers' 'shocking' maths takes toll. B-grade maths students are so bad, they may as well guess the answers. How to get maths to really add up for students. Universities bemoan the poor quality of maths candidates, but lecturers can do more to help understanding by showing students the importance of making connections between ideas, says Peter Khan
• Abstracts: Research elite fear high cost of quality test. Keeping tabs on market traders. Oz turns its back on cyber institute
• Abstracts: Grants gamble to save bill. A bit of take and give. Billion-pound prescription for success

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.