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In 2012 the UK coalition government tripled the level of undergraduate tuition fees to £9,000 a year. The goal was promoting competition in higher education. Grants to universities became government loans to students, repayable as a proportion of graduates salary and written off after 30 years.Most universities charged the highest fees across most subject areas despite promises otherwise, realising that lower fees could signal poor quality – leaving students hit with the maximum financial burden. Ten-years on from the controversial move – is it working?
What impact does the current model have on students and their families? And as inflation spikes, universities are claiming they need more cash in the coffers – could they rise further?
Join us for a ThinkIn where we try to make sense of the mess of student loans, and ask: what are the alternatives?
editor
Phoebe Davis
Reporter