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Chris Whelan: Universities NZ Executive Director on the concerns that university funding isn't keeping up with costs

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There are concerns that university funding is not keeping up with costs. 

A Tertiary Education Commission briefing paper suggests the financial books of Massey University and Wellington's Victoria University are deemed high risk. 

RNZ reports eight universities had forecast a combined deficit of $42 million. 

Universities New Zealand Executive Director Chris Whelan told Mike Hosking the Government controls about 70% of funding. 

He says they are making choices on expenditure, but it comes down to a conversation with Government. 

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