The University of Buckingham - the UK's only private university - welcomed the cuts.

BBC: Universities' annual funding reduced by ?398m

At the University of Buckingham, which takes around 750 undergraduates a year, applications have more than doubled.

ECONOMIST: The university landscape is changing, but not fast enough

The Leicester Dental Teaching Academy, validated by the University of Buckingham, will teach students this year at the Phoenix.

BBC: Leicester's Phoenix Square cinema to host dental school

Malcolm Rees, a lecturer in health economics from the University of Buckingham, said that the SARS illness, which has so far killed almost 80 people worldwide, is likely to turn into a global epidemic.

BBC: Fears over UK killer bug epidemic

In the U.K., the University of Buckingham, which claims to be the only university in the country that does not receive government aid, tuition fees are tiered and an undergraduate degree is packed into two years.

FORBES: Magazine Article

At Britain's independent University of Buckingham, the vice-chancellor, Terence Kealey, cheekily welcomed the spending cuts and the two-year undergraduate degree courses that may result.

ECONOMIST: Spending on education

But this protean diploma is unlikely to meet it, according to Alan Smithers and Pamela Robinson of Buckingham University, the report's authors.

ECONOMIST: Qualifications

John Buckingham was a 21-year-old senior at the University of Southern California, on his way to getting a bachelor's degree in computer science with a minor in business, when he started working with legendary value investor Al Frank .

FORBES: Magazine Article