Government spending on education will fall by more than 13 percent over the next four years, according to respected think tank Institute for Fiscal Studies (IFS). At the same time, billions extra will be spent on foreign aid, wars, and EU payments.
According to the IFS, the education budget cuts will be the biggest since the 1950s, with school and college building projects facing the brunt of the cutbacks. The IFS said that funding for educational building projects would drop by 50 percent during the next four years.
Higher education would lose about 40 percent of its spending as well but universities “would claw back some money due to the increased tuition fees introduced by the coalition government,” the IFS said.
“In schools, those with students from affluent backgrounds would see drastic funding cuts although schools with more deprived students would have their funding protected due to the introduction of the pupil premium,” the IFS ominously added.
In reality this means that the Third World immigrant-dominated inner city schools (which mysteriously, are always somehow “deprived”) will not have their funding cut, while schools in whiter and therefore “less deprived” areas will.
At the same time, the Coalition government has announced budget increases for International Aid (set to increase to well over £11 billion and payments to the EU of £8 billion.
The defence budget is currently set at £37 billion, but this does not include the costs of the wars in Afghanistan and Libya, which are drawn out of the additional £125 billion “other” fund which the government uses to meet “unexpected” expenses.
At the same time, the annual government deficit increases by around £170 billion more each year.
Last year, the Coalition government announced university budget cuts in England of £449 million, which led to a reduction of 6,000 university places.
At the same time, the government cut teaching budgets by £215 million, froze research funding and reduced the buildings budget by 15 percent.