Madrid's Public Universities Face Financial Crisis

Published: 2024-12-04

Public universities in Madrid are grappling with severe financial challenges, as highlighted by the rectors of six major institutions.

They have called for extraordinary measures to address the dire funding situation, which they attribute to inadequate government investment.

Despite Madrid's high regional income, the funding per student is 21% below the national average.

The rectors warn that without significant budget amendments, the quality of education and infrastructure will deteriorate further.

The current budget increase of just 0.9% fails to cover rising costs, including inflation and salary increments.

This financial strain has led to concerns about the sustainability of these universities, with potential impacts on teaching quality and research capabilities.

The situation has sparked fears that other regions might follow Madrid's example, further endangering public higher education in Spain.