Fewer than 100 students have graduated from a New York satellite of a Scots university since it was launched nearly eight years ago.
Glasgow Caledonian has doled out £21.4m in loans to the controversial campus, which has only brought in a fraction of that sum in tuition fees.
Mary Senior of the UCU trade union said: “UCU has consistently argued that Glasgow Caledonian’s New York campus didn’t make educational or economic sense. The few graduations since 2014 underlines this point.