“The Irish Government has imposed a recruitment ban across the higher education sector and warned Universities that failure to comply will see them lose their substantial state funding. Both UCC and UCD have been told their deficits totalling over €35 million will no longer be tolerated. UCD has a cumulative deficit of €20 million, while the deficit at UCC is over €15 million. In recent weeks, the Higher Education Authority has told both universities to make the cuts necessary to rein in their deficits. The recent failure of several college chiefs to balance their budgets has called into question the financial autonomy afforded each college through the Universities Act, 1997 …” (more)
[Watchdog on Higher Education in Ireland, 12 May]