According to a report in Sydsvenskan, the economy of Lund University is now so troubled due to a steady decline in the number of students, that the president of the university has ordered a general review of the accounts and balances between departments and the university.
No redundancies among academic staff have been announced – yet.
Just to put things straight: This is not schadenfreude – on the contrary. When Lund is in this kind of trouble, it is likely that most institutions of higher education in Sweden are experiencing difficulties. The days of expansion in Swedish higher education are over – now come the lean years.