News
Fees set to Rise for Attendance based University Places.
- 03 November 2010
Government Ministers in the UK are set to unveil plans which are expected to see students in England pay thousands more for a university place.
The Government is due to publish its response to the Browne Review of student funding. It is predicted the Government will propose a rise in tuition fees, possibly to a minimum of £7,000 per year although some fear that these could be set even higher by individual institutions.
Universities Minister David Willetts will set out the Government's plans to reform student funding in a statement to the Commons.
But the Government is facing opposition to any proposals to raise tuition fees from the National Union of Students (NUS) and the University and College Union (UCU) among others. They fear that such significant rises in fees will effectively price some university courses beyond the reach of some student and saddle others will huge debts after graduation.
The proposals raise the prospect of some institutions charging as much £12,000 a year for some courses. Graduates would be expected to pay back loans once they earn £21,000 at a much higher rate of interest.
Research conducted by the NUS and HSBC has found that nearly 80% of young people would be put off university if fees were raised to £10,000, and 70% would be deterred by a rise to £7,000.