Reading University
universityPublic,red brick
| Reading University link () Sourcewatch Website | |
|---|---|
| File:University of Reading shield.svg | |
| Formation | 1892 |
| Headquarters | UK |
| Type | Public,red brick |
| Its first Principal is the geographer Halford John Mackinder | |
The University of Reading is a public university in Reading, Berkshire, England. It was founded in 1892 as University College, Reading, a University of Oxford extension college.[1] The institution received the power to grant its own degrees in 1926 by royal charter from King George V and was the only university to receive such a charter between the two world wars. The university is usually categorised as a red brick university, reflecting its original foundation in the 19th century.[2]
In 2019 The Guardian reported that the university was in "a financial and governance crisis" after recently reporting itself to regulators over a £121 million loan. The university is sole trustee of the charitable National Institute for Research in Dairying trust, and after selling trust land had then borrowed the £121 million proceeds from the trust, despite the potential conflict of interest in the decision making. Including this loan, the university has debts of £300 million, as well as having an operating deficit of over £40 million for the past two years.[3][4]
In 2021 the university declared, in a statement reply to the student's union, that it would not refund tuition fees for its students[5] for closures or interruptions from of lockdowns or other measures.
References
- ↑ https://www.telegraph.co.uk/education/0/university-of-reading-guide/
- ↑ https://web.archive.org/web/20150925130238/http://www.reading.ac.uk/15/about/about-facts.aspx
- ↑ https://www.theguardian.com/education/2019/feb/09/reading-university-in-crisis-amid-questions-over-121m-land-sales |title=Reading University in crisis amid questions over £121m land sales |author=Andrew McGettigan, Richard Adams |newspaper=The Guardian
- ↑ https://www.readingchronicle.co.uk/news/17420953.university-of-reading-expected-to-cut-jobs-due-to-challenging-financial-times/
- ↑ https://www.reading.ac.uk/essentials/-/media/essentials/files/university-executive-board-reply-to-rusu-open-letter--19-january-2021.pdf