Government must raise tuition fees to prevent universities from closing, top ... trends now
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Universities face closure if the government does not intervene to raise tuition fees, a top vice-chancellor has warned.
Professor Jenny Higham, the first female vice-chancellor of St George's, University of London, said institutions could be forced to shut their doors for good unless 'resources' are raised.
It comes as vice-chancellors across the country call on the Government to review tuition fees amid what they call a 'perfect storm' of 'broken' funding and the cost of living crisis.
Professor Higham, who is also the policy lead for funding on the Universities UK (UUK) board, warned higher education institutions are slipping into debt.
She added: 'Closure. That's the end impact of this.
'I know [raising fees is] politically difficult, and I understand the issue on students, but we've seen the price of bread, the price of milk, it's costing more.
'So the price that's charged is going up and the fact that that hasn't