Third Level Institutions – Debt

Posted in Governance and administration on October 16th, 2020 by steve

IrelandRose Conway-Walsh (Mayo, Sinn Fein): To ask the Minister for Education and Skills if his Department is monitoring the debt levels of publicly funded universities and technological universities; the total amount and by each publicly funded university and technological university; the anticipated impact on levels of debt held by universities due to Covid-related disruption to the 2019-20 and 2020-21 academic years; and if he will make a statement on the matter …” (more)

[Dáil written answers, 14 October]

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DCU accommodation plans postponed indefinitely due to financial strain caused by Covid-19

Posted in Governance and administration on July 27th, 2020 by steve

Ireland“New planned accommodation at Dublin City University has been postponed indefinitely due to the financial impact of the Covid-19 pandemic on the university. A spokesperson for DCU said, ‘We are working towards delivering new on-campus accommodation but there is no specific date for the construction to begin’ …” (more)

[Tadgh McNally,, 27 July]

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A breakdown of more than €364 million in spending by three universities

Posted in Governance and administration on July 24th, 2020 by steve

Ireland“These three documents provide detail on expenditure of hundreds of millions of euro by three universities in recent years. The UCD record is by far the largest and covers a lengthy period and some €319 million in expenditure by the college between November 2016 and March of this year …” (more)

[Ken Foxe,, 24 July]

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Third-level colleges face stringent new penalties for misconduct

Posted in Governance and administration, Legal issues on July 17th, 2019 by steve

Ireland“Third-level colleges face a series of stringent penalties for misconduct including having funding withheld under the biggest shake-up to regulation of higher education in almost 50 years. The measures, to be announced by the Government in the coming days, have sparked controversy within some universities who fear the planned moves will undermine their long-standing autonomy …” (more)

[Carl O’Brien, Irish Times, 17 July]

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Trinity offers up to €145,000 in search for Interim Chief Financial Officer

Posted in Governance and administration on November 19th, 2018 by steve

Ireland“Trinity is searching for an Interim Chief Financial Officer with a salary of between €115,887 and €145,646 available to the successful candidate. Current Chief Financial Officer (CFO) Ian Mathews is expected to leave Trinity in the coming weeks to take on the role of Vice-Chancellor of Administrative and Financial Affairs at Abu Dhabi University from December 7 …” (more)

[Lauren Boland, Trinity News, 19 November]

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Higher Education Authority is working with Waterford IT to put its budget back on track

Posted in Governance and administration on November 17th, 2018 by steve

Ireland“The Minister for Education says the HEA is liaising closely with Waterford IT and has agreed a financial plan to bring the institute back into a balanced budget. The audited accounts for 2015/16 show WIT has a significant accumulated deficit of €4.4m. The draft accounts for last year and projections for next year continue to show an operating deficit which will further impact on the institute …” (more)

[Liz Reddy, WLR FM, 16 November]

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Why a student loan system is the best way to fund third level

Posted in Fees, access and admissions, Governance and administration on August 22nd, 2017 by steve

Ireland“With the CAO points published this week, many parents are preparing to send their children to third level for the first time. Along with the understandable parental pride, there’s equally understandable angst over the hefty expense involved. The expected cost of financing a third-level student living at home is now just over €5,000 a year …” (more)

[Irish Times, 22 August]

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Third-level students fear dropping out over costs

Posted in Fees, access and admissions on June 22nd, 2016 by steve

Ireland“An overwhelming majority of third level students fear having to drop out of college because of the cost of education in Ireland, according to a new survey. 87% of students surveyed by the Union of Students in Ireland (USI) said the cost of education, including fees, accommodation, transport food and other bills was such that they have feared having to drop out …” (more)

[Irish Times, 22 June]

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Access programmes and universities

Posted in Fees, access and admissions on April 18th, 2016 by steve

Ireland“Sir, – As one who organised and ran a university access course for over 12 years, I believe that the greatest problem for students who suffer disadvantage in education is finance …” (more)

[Letters, Irish Times, 18 April]

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The high price of Ireland’s ‘free’ education

Posted in Fees, access and admissions on July 13th, 2015 by steve

Ireland“Every year for the guts of a decade, a back-to-school piece has appeared on the Pricewatch page, and every year we have highlighted how our ‘free’ education system costs parents hundreds of euro each year. Crested uniforms, high-priced books, bin-after-using workbooks, ‘voluntary’ contributions: the years roll on but the words never change …” (more)

[Conor Pope, Irish Times, 13 July]

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Poorer students being ‘locked out’ of third level, charity says

Posted in Fees, access and admissions on November 6th, 2014 by steve

Ireland“Cuts in career guidance at schools and delays in allocating student grants are leaving young people from low income families ‘locked out’ of third level education, the Society of Society of St Vincent de Paul (SVP) has warned …” (more)

[Joe Humphreys, Irish Times, 6 November]

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Why Europe’s Universities Need ‘Stress Testing’ Even More Than the Banking Sector

Posted in Governance and administration on July 10th, 2014 by steve

EU“Since the 2008/09 financial crisis, the concept of ‘stress testing’ has assumed a much higher prominence in the business world. Right now, for instance, the European Banking Authority is supervising a new round of tests, with results to be announced this Autumn, to gauge resilience of banks to financial shocks …” (more)

[Dirk Jan van den Berg, Huffington Post, 10 July]

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Culture Shock: Stark lesson of imposing market values on third level

Posted in Governance and administration on April 19th, 2014 by steve

“As State support has been cut drastically – a fall of 25% in five years – students are increasingly situated as paying customers and the colleges as providers of a product …” (more)

[Fintan O’Toole, Irish Times, 19 April]


A quality education: the third-level funding crisis

Posted in Governance and administration on April 16th, 2014 by steve

“Over the past number of years, Ireland’s universities have been dropping in various world rankings. Since the beginning of the recession, government funding for Ireland’s third-level sector has been cut a considerable amount …” (more)

[Aoife Mullen, The College View, 16 April]

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The Future of Third Level Education in Ireland – 1. Outsourcing

Posted in Governance and administration on April 15th, 2014 by steve

“When governments run unsustainable budget deficits they can raise taxes or cut spending or do a combination of both. Which approach is best at any given time is one of the problems that seems to constantly occupy and divide the minds of economists …” (more)

[educationandstuff, 15 April]

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The Future of Third Level Education in Ireland – Preamble

Posted in Governance and administration on April 14th, 2014 by steve

“In the wake of the Grant Thornton report, I’ve decided to do a coherent series of posts on the third level sector. We all know the third level system is struggling but in many ways it is performing heroically in the face of totally unrealistic expectations …” (more)

[educationandstuff, 14 April]

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Overseas students won’t solve education problems

Posted in Governance and administration on April 14th, 2014 by steve

“A consultant’s report released last week declared that third-level institutions needed to take a ‘more commercial approach’ if they are to survive. They needed to make savings, but they were also told they should be chasing that money-generating entity …” (more)

[Dick Ahlstrom, Irish Times, 14 April]

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Report Compounds Fears Of Crisis in Third-Level Education Sector

Posted in Governance and administration on April 11th, 2014 by steve

“A study described as the first ‘independent review of the financial health of third-level institutions’, makes for a depressing read for college staff and students alike. Carried out by Grant Thornton, a professional services network of independent accounting and consulting member firms …” (more)

[Fiona Gribben, University Times, 11 April]

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NUI plan targets online accreditation

Posted in Governance and administration on April 11th, 2014 by steve

“More than a century after it awarded its first degree, the National University of Ireland is moving into the virtual realm with plans for accrediting online education …” (more)

[Joe Humphreys, Irish Times, 11 April]

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The financial situation of Irish Universities and Institutes of Technology

Posted in Governance and administration on April 9th, 2014 by steve

“… The GT report is done by a bunch of accountants, and it reflects that. As a picture of the state of play of finances in the Irish higher education system it’s unprecedented in its breadth and scope. They are to be congratulated. As a review of strategic options to fill the holes identified, it’s not so good …” (more)

[Brian M Lucey, 9 April]