Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I am afraid that could be one of the problems in Waterford. The borrowing is so high that a lot of the money that should be invested in students, teachers and the college itself, now goes towards funding borrowing. The college is suffering because of that. As the witnesses have said, student numbers have dropped. I wonder who decides when the institute wants to borrow? It is easy to borrow, but it is hard to pay back. We all know that in our own lives. It is the simplest thing to get money, it is paying back that is difficult. Is there someone there to make sure that the institute is not over-borrowing and that it does not stretch its case out too far, causing problems afterwards?