Irish universities and institutes of technology must overcome challenges created by a growing student population, a rapidly changing society, and, above all, serious under-investment by the Irish state.
The crisis in higher education funding can be solved. The money is available so it’s up to our politicians to make a decision.
FACT 1: Direct State funding per student to third level colleges is 40% less than decade ago.
FACT 2: The surplus in the National Training Fund will reach €1 billion this year. That’s a dedicated Fund to support training and skills development.
SOLUTION: Draw down an additional €300 million per year over the next 3 years to fund the deficit in third level.