Keywords
finance
government
Great Britain
How to Cite
Abstract
It is widely accepted that individuals as well as society benefit from higher education, which is one of the most important elements in the UK Government policy. Higher education produces highly qualified people and as a result it increases the UK's economic development and international competitiveness. Unfortunately, it has not always been reflected in the UK policy on funding higher education. With the few exceptions the British higher education is mostly publicly funded and it has been heavily reliant on state funding for a long time. This paper examines the issue of the strong dependence on the state funds and potential risks it brings on higher education institutions. It is important to remember that the identified issues may vary from institution to institution and should be treated with caution
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