Universities told to make tuition fees deal with banks

UK“Universities will today be urged to strike a deal with high street banks to stop another rise in tuition fees for all students. Some university leaders want tuition fees to rise from the current cap of £3,225 a year in England to more than £7,000. But the government may not be able to afford this because it subsidises loans that allow students to pay fees upfront and then repay the loan after graduation. Those universities that want to charge higher fees should make a pact with high street banks, Richard Brown, former chief executive of the Council for Industry and Higher Education (CIHE), will tell university leaders at a conference in London …” (more)

[Jessica Shepherd, Guardian, 28 October]

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