Scots colleges on 'brink' of financial collapse after budgets slashed by 20 per cent Summary Scots colleges are on "the brink" of financial collapse after a 20 per cent real terms cut in their budget, the SNP Government has been warned. Other Related Coverage How swingeing SNP cuts to colleges are undermining Scotland's very foundations | The Scotsman SNP accused of 'guillotining' college sector as grim financial outlook laid bare | The Scotsman New SNP higher education minister unaware how much funding needed to keep Scotland's colleges 'afloat' | The Scotsman Colleges have seen funding cut by 20 per cent in five years - watchdog | Herald Scotland Why Scotland's college sector is fighting for its life | Herald Scotland College gave me a second chance after my sister's murder | BBC News