Laura12 wrote:My son was told at school last week that CH was losing 2 million a year and at that rate will be closed in about 15 years. So I can see why if that is the case why they want more full fee paying students.
My understanding based on conversations some years ago, was that there is a constant funding shortfall, which at that time, hovered around £2 million. So not much has changed.
I'm sure "losing" is the wrong word, makes CH look careless.
There have always been Full Fee paying students, you only have to look at the CH financial report to see that. It was set at 3% of the student population, but I know they were considering upping that percentage.
A quick number crunch on 800 students, and increasing the percentage by 3% to 6% of the student population, and with full fees at, say, £20,000 (I haven't looked up the figures), could give additional income of close to half a million, so worth considering.
The problem is, once started on this route, at what percentage does one stop, and when is the original purpose of CH devalued.
Glad I'm not on Council.