Results 1,421-1,440 of 4,350 for speaker:Bobby Aylward

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Yes, our position in the worldwide rankings. Some of our universities have slipped in the worldwide rankings that come out every year. I would like Dr. Love to comment on that.

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: I will move on to proper governance, oversight and procedure of third level institutes. I am particularly speaking about Waterford because I am from the south east. We hear rumours on the grapevine about Waterford and the financial situation there. We hear that moneys are going into servicing loans instead of being invested in the students, teachers and the facility in general. There is a...

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: If the HEA sees something going wrong - as a stitch in time saves nine - does it have the powers to move into an institute or college to say that things are not going as they should and demand proper oversight? What powers does the HEA have to intervene? With such powers these situations would not arise at all, the HEA would be there before it happens. I refer, in particular, to Waterford...

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: 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...

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: They cannot borrow themselves?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: So the money will be borrowed through companies rather than the institution itself?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: That is news to me. That is interesting, that it was borrowed through companies and not the institute itself. The institute itself was not able to borrow. Who was responsible for paying off the deficit if it was borrowed through companies? Am I getting this wrong?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Who is responsible for paying off the loans if it was borrowed through the company? The company is the responsibility of the institute.

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Who carries the debt?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Let me get this straight. It was borrowed was through companies. No one has said that it was not borrowed through companies. Some companies folded or went into liquidation - whatever word we use, they went down - and now the deficit is left with the university. Is that correct?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Is this of use now?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: That is an excellent complex. I go there regularly.

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Explain "mothballed" to me.

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Is DCS a group of individuals? Who are they?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Waterford Institute of Technology is carrying the debts and is trying to pay them back now. The college is suffering as a result. Moneys that should be going into the college, students and teachers is now going into repaying debts. This is what I am trying to get at.

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: We would appreciate that.

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: The witnesses say that DCS gets the money to pay to the university. Where is that money to pay off the loans being created?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: That is where it is coming from.

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: Is that servicing the debt now?

Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)

Bobby Aylward: What kind of money is involved? It was to be identified a while ago.