Unis eye debt as surplus rises 8pc

Unis eye debt as surplus rises 8pc | Andrew Trounson | The Australian Higher Educaton | 16 November, 2011

A GOVERNMENT bureaucrat has told universities they are well-placed to take on more debt after a new report on the sector’s finances sparked fresh argument over the need for additional funding. But that debate looks purely academic in the near term after Tertiary Education Minister Chris Evans used the solid financial position of the sector to again warn that there would be no immediate new funding out of the review of base funding.

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