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NEWS RELEASE
Monday
9th March 2015
Institutes of Technology Presidents say Student Fee May Have to Rise to €4,000 in 2016 to Sustain a Viable Higher Education Technological Sector

Institutes of Technology Presidents say Student Fee May Have to Rise to €4,000 in 2016 to Sustain a Viable Higher Education Technological Sector

The Chair of Institutes of Technology Ireland, and President of Athlone IT, Professor Ciaran Ó Catháin has welcomed the Tánaiste’s recent statement about the need to invest further in higher education, and IBEC’s call this week for re-investment in education.

Professor Ó Catháin said:

“The Presidents of the country’s Institutes of Technology believe that without immediate investment the student fee could rise to €4,000 in 2016 from its current level of €2,750.

At the current level of funding higher education institutions are not sustainable.

Some have already had to take the stark choice to reduce student intake in certain STEM (Science Technology Engineering & Maths) areas to protect the quality of the student experience.

Higher education current and capital funding has suffered in recent years due to declining Exchequer resources and the pressure for funding at school level.  

The Exchequer funding per student at third level averages about €7,500 and is now lower than the level of investment for a second level student.

There is agreement across the board that Ireland needs high quality higher education. A mechanism has to be found to properly fund it before further harm is done.”

Link to CSO Figures on Current Public Expenditure on Education

Further information:

Professor  Ó Cathain is available for interview.

Issued by Roy Dooney, The Media Group, 087 2414165