A university in England faces a "real risk" of closure due to insolvency for the first time, a situation MPs have warned could be "catastrophic" for students, staff, and local communities. The Education Committee said the government has no clear strategy for universities facing insolvency as higher education institutions battle a “financial crisis”. In a new report on higher education funding, the committee also raised concerns that current immigration policies could negatively impact the number of international students, whose fees are a crucial revenue stream for institutions. The Office for Students (OfS), England 's higher education regulator, informed cross-party MPs that it fears 24 providers are at risk of insolvency and closure within the 12 months from last November. It also said 45 per cent of higher education providers could be facing a deficit for 2025/26. Among the 24 institutions identified as being at risk, seven serve more than 3,000 students each.…