"I am so delighted that my lad has just been offered a degree apprenticeship with a world class engineering business, and isn't going to be funding (as much, and in quite the same way) the disgusting racket that UK universities have become."
There are some problems with executive pay in universities, absolutely. The pension pot hole is largely a product of pensions holidays in the 1990s and record low interest rates now mucking up long-term rate projections. Although given the 25 basis point increase in the base rate, we can probably knock half a billion off that deficit.
Biting the hand that feeds IT
