Robbie Davidson, Manchester Socialist Students

Following years of financial decline amongst universities in the UK, it appears that bosses are facing a new low. The uni regulator ‘Office for Students’ is projecting economic trouble for nearly three-quarters of universities by 2025-26.

While the propaganda arm of the capitalist class acts as if this is a shocking new development, students and workers have been experiencing the consequences of this downturn for a long time, with growing class sizes, wage cuts, course closures and redundancies. All of which are set to escalate, unless we fight back.

This downturn hasn’t been felt in the pockets of management. But ordinary young people have been hit with a rise in tuition fees and the worst student cost-of-living crisis in history.

Rents, students working alongside their full-time degree, student food bank use, and the percentage of students dropping out, are all at their highest rates ever. Now we are being threatened with further course closures and university mergers to make ends meet.

The answer is clear, and is resonating with many on campuses. It’s time our education, and our future livelihoods, were run in our interests – paid for by the £21 trillion in new wealth that the richest 1% worldwide got their hands on in the last four years alone.

This is why we have taken to the streets raising the demands of our ‘Funding not Fees’ campaign, and received a positive response. Few students disagree with an end to tuition fees, grants not loans, cancelling debt or fair pay to all, and many will be prepared to rally against the university bosses when more attacks come in the future.