After the economic collapse of 2008 in Iceland, the Icelandic government was forced to undergo a massive financial restructioring and the higher education system was not excluded from that.
Eftir efnahagshrunið á Íslandi haustið 2008 þurftu íslensk stjórnvöld að fara í markvissa fjárhagslega endurskipulagningu og var menntakerfið þar ekki undanskilið.