Yes I would. But apparently Imperial College London has over 1200 members of staff on £100,000 pa…….
Imperial are a bit of a weird outlier in the sector Pete.
They go outside of the national pay bargaining structures and don't consistently use the single salary spine, therefore their pay deals look peculiar compared to, say, Loughborough up the road from you.
Institutions like Imperial aren't actually the ones at risk - Global reputation, large number of international post-grads, high research and commercial income etc which offsets the costs of home tuition fee erosion.
The smaller universities, particularly those focused on teaching or with a smaller research base are the ones struggling.
Unfortunately people don't recognise HE as an ecosystem with different types of institutions having different strengths, roles and capabilities. The fixation is on the 'elite' institutions dominates, more often than not, by those from wealthy backgrounds. Quite often the derided institutions provide an opportunity for those from less wealthy backgrounds.
Not to mention capacity - you want nurses, physios, paramedics etc? Shut the less prestigious unis, training capacity collapses.
So it needs to be paid for. Tax payer or student loan? Someone won't be happy.
Having said all that, I think executive pay in the sector is a problem. The VC at the Institution I am about to leave was awarded a 13 or 15% pay rise for, well, we aren't quite sure.