Universities in Wales face an unsustainable financial future which could see job losses, cutbacks, and teaching quality suffer, a vice-chancellor has warned.
Prof Colin Riordan, of Cardiff University, said universities could not afford to “continually lose money”.
He said fixed tuition fees, less public money and high inflation had contributed to the situation
The Welsh government said it had invested significantly in universities.
But Prof Riordan insisted universities in England were better funded, and had been “for a long time”.
- Brexit: EU funding loss risks Welsh university jobs
- Strikes: Schools, colleges and trains in Wales hit
- International students ‘not trusted’ in Welsh jobs
In Wales, tuition fees have been capped at £9,000 per year, but the vice chancellor said it was closer to £7,000 in real terms.