Earlier quoted context omitted.
Don't forget that the Universities focused on getting foreign students and cashing in instead of providing valuable education. The quality of teaching is non-existent. It's about giving foreign parents ability to tell their peers look my brilliant child is studying in England! But really they are not studying. Attendance is not checked and lectures are a sham.
This is such garbage. The only reason universities focused on getting foreign students is because the introduction of fees that don't increase with inflation means they are all slowly going bankrupt.
Domestic students end up with debt for degrees that deliver little value, often taught by underqualified lecturers. Those who complain get brushed off or quietly bought out with NDA-style settlements. Foreign students mostly keep quiet because openly questioning standards would devalue their own diploma.
So yes, funding cuts mattered - but the bigger scandal is how universities responded. They saw the “golden years” were over and decided to milk the brand, not safeguard education.
They are basically a scam.