The funding squeeze is real, but that’s not the whole story. Universities didn’t have to turn into diploma/visa mills - they chose to. Instead of protecting standards, they pivoted to a business model of brand-selling: recruiting overseas students at inflated rates and cutting corners on teaching.

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.