Large college with Greenwich campus goes bust – up to 3,500 students affected
A private college with campuses in Greenwich and Greenford teaching 3,500 students has entered administration.
GSM London was based at the former Greenwich Town Hall building and courses accredited by the University of Plymouth. 274 jobs are affected.
The institution focused on business courses and owned by a private equity firm.
The company behind the college stated they were unable to “recruit and retain sufficient numbers of students to generate enough revenue to be sustainable”.
Courses will continue to be taught until September when students must transfer. The college occupied a large amount of floorspace. Other parts of the building are to possibly see a “West End” type theatre created in future.
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What will happen to students nearing the end of their courses and overseas students that are here on student visas? Will they be able to complete there courses eslewhere at other colleges?
Who’s spending the money honestly in RBG