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THE Vice Chancellor of one of York- shire's leading universities has called for a rethink amid a crisis in higher education lunding. Charlie Jeffery. from the Univer- sity of York, told The Yorkshire Post the cost of teaching and research is nowhere near covered by its income, especially for a Russell Group uni- versity. His comments come as more and more of the region's higher educa- tion providers warn of funding dif- ment granted by fallen festor UK students. Last month risk of redundancy notices were issued to more than 120 staft at Sheffield Hallam Univer- sity, while last summer more than 90 were placed at risk at Hudders- field University due to restructuring. It comes as a quarter of modern universities - created after 1992 - across the country are looking to lose roles, a survey of the University College Union found this year.