13 UK universities on brink of collapse without COVID-19 bailout: Report

An estimated 13 UK universities, educating around 5 per cent of students in the country, would not be able to survive the coronavirus pandemic lockdown without a government bailout support. The Institute of Fiscal Studies (IFS) estimates that long-term losses for the UK's higher education sector could come in anywhere between 3 billion pounds and 19 billion pounds, with the biggest losses stemming from a fall in international student enrolments including those from India who make up a large chunk of that segment.