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Rectors press for swift action over €6bn budget hole

Germany’s higher education institutions will need €6 billion by 2015 to fill a budget hole caused by an influx of students, according to the German Rectors’ Conference (HRK).

The budget gap could even be €8bn if the four-year course costs of students who have entered university this year are taken into account, an HRK statement said. Funding through Germany’s Hochschulpakt (higher education pact) therefore must be urgently increased, the HRK said in response to publication of this year’s student statistics on 23 November.

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