Tuesday, March 17, 2009

They want higher fees

Universities are looking at banks for inspiration. They want more dough.

According to the BBC today, "many universities in England and Wales want a sharp increase in tuition fees". They're starting to sound like the banks. By the look of it, £3000 is not enough already. Five years after the massive debate over the increasing cost of university (that was won courtesy of the ever zealous Labour Party whips), it looks like we're at it again. And if David Lammy, the current Education minister, says "there's an important debate to be had", then it means the government have already made up their mind.

Yet if the law of supply and demand was to be applied, given how far degrees (don't) get you these days, the cost of higher education should be going down, not up.

The National Union of Students (NUS) have launched a campaign for "an alternative higher education funding system for England", stating that charging students even higher fees would plunge them "into over £32,000 of debt". Not an ideal situation, with a recession galloping.

Also on top-up fees: "Forking out £3,000".


Lizz said...

ah student debt! stupid fees :o(

Planet Me said...

That'll do it. Students start off their working life with an average £32k of debt, and a mortgage that costs 10 times what it did when their parents bought the house.

Still, society as a machine loves the heavily indebted, as they have a motive to go to work, and working people grease the wheels of consumerism.