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The Commons Public Accounts Committee report on overseeing financial sustainability in the FE sector

Discussion in 'Further Education' started by HouseOfCommons, Dec 17, 2015.

  1. HouseOfCommons

    HouseOfCommons New commenter

    The House of Commons Public Accounts Committee has published a report on overseeing financial sustainability in the further education sector, following its inquiry during October 2015.

    Meg Hillier MP, Chair of the Public Accounts Committee, said of the Committee’s findings:

    "The government has been desperately slow off the mark to tackle a looming crisis in further education.

    This is deeply worrying for a sector which equips people with skills and qualifications that can transform their life prospects, and by extension those of the communities in which they live and work.

    College principals told our Committee of the difficulties they face in recruiting quality staff; of courses being cancelled, and of stalled investment plans.

    There is no doubt further education is under significant pressure and it is both frustrating and sad to think of the potential going unfulfilled - particularly in cases where earlier intervention could have prevented problems from escalating.

    There must be greater clarity over who is responsible for taking action when colleges face financial difficulties, when that action should be taken, and a fuller understanding of its effects.

    There is a real danger of substantial further deterioration in the sector and government must act now to ensure FE is put on a stable financial footing."​

    Read the report in full on the Parliament website
     

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