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Exit plan

What are the legal implications if a university goes bust?

When, at the beginning of a general election campaign, a ministerial hopeful refuses to rule out raising tuition fees, it shows how dire the state of university finances is.

On Question Time last month, shadow education secretary Bridget Phillipson was asked whether she would raise fees if in office. She described it as a “really, really unpalatable choice” that she did not want to have to make, but she sidestepped the pressure to rule it out.

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