The University of Cumbria has confirmed plans to re-open their Ambleside Campus.
The first students could return in 2014. Supporters say they'll bring millions to the local economy.
But others say plans haven't been thought out properly, and the local infrastructure won't be able to cope.
More top news
Parent praises school for easing worries about London school trip
Shopkeeper was in parliament to receive rural hero award
Police warn about aggressive calls to demand large quantities of iTunes voucers