Universities’ finances worse than they seem, report warns

Summarised by Centrist 

Universities’ finances are deteriorating faster than expected, with a Tertiary Education Commission briefing classifying two institutions as high-risk. The report notes that the sector’s $138m surplus in 2023 masked an underlying deficit of $66m. “We consider this more reflective of core operations and the pressure that the sector is facing,” the report states.

Read more over at RNZ