Why did UK quit Erasmus? Why did the UK throw away something that has been one of their most valuable assets in higher education?
It is a bit like a company that has successfully manufactured items which generated the lion's share of their sales for a very long time, and now saying &quot;despite the massive hit to our income, we can somehow successfully survive without that product&quot;. No doubt that the EU are now going to retaliate by blocking UK from related schemes, e.g. Horizon Research Grants...
Context: Erasmus+, details about UK participation in Erasmus
Eramus+ is an EU-funded program. Non-EU countries can join, but need an agreement with the EU. Since the UK is no longer part of the EU, and they've yet to conclude an agreement with the EU, they can't participate anymore.