University costs & incomes
Writing about web page http://news.bbc.co.uk/1/hi/education/4939120.stm
Interesting report on the BBC news site about the costs and incomes of UK universities, culled from the HESA returns:-
- Total income of £18bn in the last academic year, a rise of 6.5% on the 2003–04 total of £16.9bn.
- Spending rose by 6.7% to £17.8bn, so the surplus within the sector overall fell from £237m to £213m.
- Staff costs rose from £9.7bn to £10.4bn.