Eleven colleges face running out of money because of ‘chronic’ underinvestment Summary Eleven colleges could run out of money next year if “chronic” underfunding by the Scottish Government continues, the body representing the sector has warned. Other Related Coverage Analysis: the next college budget is about a fundamental choice | Herald Scotland Scotland’s colleges warn £950m needed to fix funding crisis | Herald Scotland Colleges face insolvency after years of ‘chronic’ underfunding | Morning Star 'Passionate' minister won't promise more cash for colleges | Herald Scotland