Jump to content

Reading University

From Deep Politics Wiki

universityPublic,red brick

 Reading University  link
() Sourcewatch Website
File:University of Reading shield.svg
Formation1892
HeadquartersUK
TypePublic,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