Did you know that Bolton University bosses deny they are one of the institutions on the brink of bankruptcy? It’s a true fact and one that very much can make one question whether it is merely a matter of principle that is being demonstrated or that of a simple act of desperation. According to Manchester News, due to a most recent report regarding how three Universities that have remained unnamed have been singled out for financial ruin, Bolton University has issued a statement claiming that it was not among these three colleges that have yet to be identified.
Now, when any kind of statement or suggestion is implied, you naturally have to have evidence to support it. Otherwise, you’ll just be a child who cries out wolf and has no wolf to turn up. With regards to the matter concerning the three mystery colleges that and the use of their finances, it does make the matter far more intriguing, especially when one University makes an automatic defense of itself before any type of suspicions can be directed towards it.
In the case of Bolton University, speculation is the more mature approach given that sometimes a statement could just be merely a statement. However, in a more realistic sense of introspection, there is a reason to believe that there is more behind what is being truly said. Manchester news further delves deeper into the inherently ambiguous nature of this matter with Bolton University by specifying that the unnamed universities have been relying on bridging loans.
If you don’t know what a bridging loan is, then that’s quite alright. A bridging loan is a considerable amount of money that is lent by a bank and it is used over an interval between two individual transactions. The normal standards range typically from the purchase of one house and the selling of another. In the case of a university, a bridge loan is meant to establish a sense of financial balance that can last until the moment money is secure, in view of reaching a more permanent period of long-term financing, with insight available from insolvency practitioners Manchester services.
How this plays into Bolton University, one can’t really make a case against them given that they have not used any methods of bridging or short-term loans since Vice Chancellor Holmes took charge back in 2005. However, speculation is still essential in a matter this serious. Even though a college as respected and as praised as that of Bolton University is an institution that promotes education, it is still an institution and making a statement that only serves to draw suspicion simply makes it look all the more guilty, when it has no reason to do so given that it has not used the very bridging methods the three unnamed Universities have used that are placing them on the brink of financial ruin.
In conclusion, whether the statements made by Chancellor Holmes are true or false does say something important regarding the nature of the matter, rather than the overall validity. For one, it creates suspicion, and two it, more importantly, gives the idea of how the fear of what others might think could drive someone to make a move that further characterizes the fears that are not only driving them but at the same time essentially fostering mistrust for the very idea of what institutions could potentially stand for in their own incentive to remain intact rather than be driv-en to ruin or at the very least be seen in a similar light. For more information on Bolton University as well as similar cases, check online.