File photo dated 16/07/08 of university graduates. Most graduates will still be paying off student loans into their 50s, and three-quarters will never clear the debt, a new probe has found. PRESS ASSOCIATION Photo. Issue date: Wednesday July 5, 2017. The Institute for Fiscal Studies (IFS) report said that initial gains made by poorer students in the controversial 2012 shake-up of the tuition fees system have been more than wiped out by subsequent changes.See PA story POLITICS Tuition. Photo credit should read: Chris Ison/PA Wire
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Sir, Andrew Oswald ( Letters, September 8) states that cuts in UK vice-chancellors’ pay would reduce the quality of people willing to do the job. He then identifies a one-in-a-thousand set of skills and implies that the correct level of remuneration should be around £600,000 a year.

Late last year, KTH Royal Institute of Technology in Stockholm said farewell to its vice-chancellor, Peter Gudmundson. During his tenure from 2007 to 2016, KTH increased its position in the QS World University Rankings from 192 to 97. For his final 10 months of service he was paid about £130,000. His successor, chosen from 58 Swedish and international applicants, will receive a similar salary. During the same period, the QS ranking of the University of Bath, which was criticised over the pay of its vice-chancellor, declined from position 145 to 159.

It might be worth taking the risk with salary cuts.

Andrew Greenwood

Stockholm, Sweden

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