First full cohort paying £9000 fee bolsters balances while Open University has 7m deficit due to fewer allotment-time studentsUniversities in England accrued record operating surpluses worth nearly £1.8bn last year,as their bank balances were filled by the first full cohort of students paying the £9000 tuition fee.
The rise in university income in England outstripped those of their counterparts in other parts of the UK, with the University of Oxford boasting a larger surplus than the whole of Scotland’s university sector.
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Source: theguardian.com