"A pre-1992 university has cut almost £1 million in planned cash support for poorer students while offering tuition-fee discounts for high-achieving applicants so that it can bid for extra places on two fronts."
There are 26 UK universities and higher education institutions in deficit. Almost half of institutions are below the recommended minimum of surplus. Russell Group universities more than doubled their surpluses - but the report estimates that the planned changes to funding will see a "squeezed middle" of universities facing an income cut of 11%.
Rupert Murdoch, the chairman and chief executive of News Corporation, received a $12.5m (£7.7m) cash bonus for the last financial year, while his total remuneration rose 47% to $33m, according to the company's annual statement to shareholders.
The Conservative Party has become reliant on the financial sector for more than half its annual income. Bankers, hedge fund managers and private equity moguls were found to have contributed over a quarter of all the Tories' private donations - which this year worked out at £1million a month.
UK taxpayers face being burdened with almost £191 billion of debt because of the Government’s new student tuition fees regime. The estimated £191bn peak in student loans could pay for more than 20 Olympic Games. It is also more that the gross domestic product of countries such as Ireland, Hong Kong or Nigeria.
"The University of Kent is pleased to announce that it has decided to recognise the family and personal loyalty shown by registration on multiple degrees by siblings, children of alumni, husband and wife studying together or alumni studying for additional degrees. A discount of 10% of the first year’s tuition fee will be allowed on registration and payment of tuition fees."
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