UK Universities Face $9.5 Billion Debt Crisis: A Looming Challenge for Lenders
2 months ago
In a troubling development for the UK higher education sector, universities are grappling with a staggering debt of £7.5 billion (approximately $9.5 billion), raising concerns among lenders regarding the potential risks associated with this mounting financial burden. With many institutions heavily reliant on borrowed funds, the sustainability of their financial models is increasingly under scrutiny.
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