Cutbacks have left Waterford IT seriously underfunded – Cullinane
David Cullinane, Sinn Féin TD for Waterford, said today that successive government cutbacks have left Waterford Institute of Technology seriously underfunded, with only 15 percent of its budget now available for non-payroll issues.
Deputy Cullinane said:
"I recently asked the Minister to name the Institutes of Technology that are currently running a deficit and he listed seven. This included Waterford Institute of Technology, which is left with just 15 percent of its budget for non-payroll issues.
“Waterford IT’s current deficit is at a time when it is carrying the costs of the planned merger with Carlow IT – a situation that has not been factored in by the Department.
“The government strategy of underinvestment in education, including third-level, is incapable of meeting the needs of the South East nor those of students, staff and local enterprises.
“It is quite telling that the seemingly new initiative by the Minister for Education and Skills around a three-year plan for education does not include the third-level sector. The previous FG-Labour coalition undertook a slash and burn policy to education and with Minister Bruton there is nothing to suggest any change in this approach.
“The minister’s response to the crisis is to launch a wave of jargon-monoxide to cover the sound of the can being kicked down the road. The people of Waterford will not accept such a feeble response and the Minister will be held to account for the lack of action behind his tsunami of words.”