Wednesday, May 21

News Explainers

Why are Newcastle University accommodation prices skyrocketing?
News Explainers

Why are Newcastle University accommodation prices skyrocketing?

^ Newcastle University picket lineImage credit: Keira Gratton Rent up 29% per week, lecturers on the picket lines and Newcastle University £35 million behind budget… Amid a higher education (HE) funding crisis, how much do the students affected really know about why university costs are rising nationwide? Why are Unis underfunded? In September 2024 Newcastle Vice Chancellor Chris Day revealed a £35 million shortfall in the University budget, which they reportedly aim to correct with “difficult choices and prioritisation”. Similar stories are unfolding in universities like Cardiff and Durham, where staff cuts and rising accommodation fees are being stretched to cover financial deficits and loans. There are three main reasons why universities across England are having to increase...