Rey Juan Carlos University closes 2025 with a deficit of 76 million and turns to Ayuso for survival
Rey Juan Carlos University in Madrid faces a significant financial crisis, closing 2025 with a deficit of 76 million euros and looking to regional president Ayuso for potential financial solutions.
Rey Juan Carlos University (URJC) in Madrid is grappling with a severe financial crisis, reporting a staggering deficit of 76.2 million euros for the year 2025. The university has been losing an average of 6.4 million euros each month, highlighting a dire situation that has escalated over time. Despite its association with the Popular Party (PP), the institution has historically faced inadequate funding from the Community of Madrid, leading to its current predicament. The recent financial report indicates that without a significant budgetary change, the university's viability is in jeopardy.
The university's rectorate has expressed concern regarding its financial stability, particularly in comparison to other institutions such as Complutense University, which has secured more favorable credit conditions. The desperation of URJC's leadership underscores the broader issues facing higher education financing in Madrid, where political affiliations may not translate into adequate fiscal support. Isabel Díaz Ayuso, the regional president, has not yet introduced a dramatic budgetary rescue plan for the university, putting further pressure on its ability to operate effectively.
Amidst this crisis, there is hope that upcoming reforms in the funding model, which are expected to roll out over the next six years, could provide the financial relief that URJC desperately needs. As rectors of various universities, including URJC, await these changes, there remains uncertainty about whether the measures will suffice to stabilize the university's finances and ensure its continued operation in Madrid's competitive educational landscape.