The IFS forecast under its main scenario that 13 colleges could go bankrupt without a government bailout or debt restructuring due to the pandemic.
Social distancing measures, travel restrictions and lockdowns have tested the ability of universities to survive without students.
pandemic hits their finances and challenges the entire sector, a study by Institute for Fiscal Studies warned Monday. As a result, the institute forecast under its main scenario that 13 colleges could go bankrupt without a government bailout or debt restructuring. "These tend to be higher-ranking institutions as well as postgraduate and music and arts institutions," the report said.
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