Thinktank calls for 55% rise in university tuition fees
The quality of university degree courses will “seriously deteriorate” unless annual tuition fees are raised to at least £5,000, a study by a right-of-centre thinktank warns today.
Policy Exchange said last week’s announcement of £449m in government cuts to higher education – equivalent to a reduction of more than 5% – made increasing fees, which are currently capped at £3,225 a year, all the more urgent.
The study also warns that the high cost of providing loans to all eligible students means the government’s £25bn student loan debt could soar to £55bn in eight years’ time if fees only rise in line with inflation …