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As UK universities face financial challenges, proposals for increasing tuition fees and government funding have emerged. With rising student loan debts and inflation, institutions are struggling to maintain quality education. The sector is advocating for better management of international student numbers and reinstating maintenance grants for disadvantaged students.
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Recent data reveals a significant decline in housing planning permissions in the UK, with only 31,562 proposals granted in the year to June, an 8% drop. This poses challenges for the Labour government's pledge to build 1.5 million homes in five years, as developers face rising costs and market uncertainty.
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Harvard University's endowment has reported lower 20-year annualized returns than several Ivy League rivals, including Yale and Princeton. Despite having the largest endowment in the U.S. at $50.7 billion, Harvard's performance has been hindered by management changes and investment missteps, raising concerns about its financial strategy.