https://www.bbc.co.uk/news/articles/ce3p93j3823o
25 universities are at risk of bankruptcy. What is the answer here? Should they be supported by the government to keep going? Should they be allowed to fail and the whole university sector be restructured?
I feel like we will end up with only mega universities offering popular courses, and the smaller universities with more niche subjects will disappear. This seems to go against everything that academia should be about, and feels like we will end up with just corporate academia left.
What is the purpose of universities? It looks more and more like it is to make money, not to create knowledgeable skilled students, and to extend our understanding of the world. How did we get here?