A report published today, feb 22nd, by The European University Association (EUA) deals with the important issue of the financial sustainability of European universities.
The report “Financially Sustainable Universities II: European Universities Diversifying Income Sources” is based on an online survey completed by more than 150 universities in 27 countries. The report underlines that European universities need both sufficient resources, and a long-term planning horizon to invest in their future academic and research activities, and thus to continue fulfilling their role in society.
The report gives a detailed description of how European universities are currently financed, and looks into the sector’s expectations for future evolutions. It also analyses the many different barriers currently preventing universities from pursuing additional income streams (considering internal challenges and external regulatory barriers) and the possible drivers for stimulating income diversification. Importantly, the study reveals that additional funding sources cannot replace sufficient public funding. It concludes with a series of recommendations for creating more sustainable funding models for the future.
You can read the EUA press release here, or you can visit the EUA website:

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