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In response students are protesting as part of a national day of action called by Socialist Students and Youth Fight for Jobs.
At Sussex University students are protesting alongside lecturers who a striking to defend jobs and courses.
Matt Dobson, Socialist Students organiser, said "The government claim they have to slash higher education to reduce the national deficit, and job losses for staff and higher fees for students is the only way.
"But they have allowed the bankers to hang onto their bonuses and big business through privatisation to make billions from universities.
"University managements point to their shrinking budgets but vice chancellors are earning record salaries."
"Students and university workers won't pay for their crisis! There has been a wave of protest in the universities and colleges this year wherever cuts have been announced, and Socialist Students have been to the fore of that.
We are calling for a strategy of mass action side by side with the UCU lecturers union and other trade unions against cuts and higher fees."
Youth Fight for Jobs and Socialist Students will also be producing a pamphlet on how to fight the cuts, and planned increase in university fees.
Socialist Students is a campaigning organisation active in universities across the country fighting for free education and to stop all cuts.
Youth Fight for Jobs was launched at the start of the recession to combat the growing effects of youth unemployment.
It has the backing of three national unions, the PCS, RMT and CWU, as well as many other trade union and student bodies.