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NTEU | 6 August 2014 ……………………………………………………………………………………………………… The impact of the Federal Budget’s 20% per student funding cut leaves universities with a massive funding black hole amounting to more than $1.5 billion a year from 2019 onwards, argues the National Tertiary Education Union (NTEU) in its latest budget analysis briefing paper. ……………………………………………………………………………………………….......… The impact is heavier upon regional and outer metropolitan universities that are traditionally more reliant on Commonwealth Grant Scheme funding as a source of income. The NTEU calculates that universities will have to increase their fees by about 30% on average … [Read more...]