The United Kingdom has announced a rise in university tuition fees by £285 for the first time in eight years. This inflation-linked increase will now take the fees up to a record £9,535 per student.
“It is no use keeping tuition fees down for future students if the universities are not there for them to attend, nor if students can’t afford to support themselves while they study,” Education Secretary Bridget Phillipson told MPs in Parliament on Monday.
Tuition fees for domestic students have been held at £9,250 ($11,925) since 2017 and increased by only £250 in the past 12 years. Experts believe that if this cost is not increased, then it will not be able to match up with inflation.
This comes a little after experts predicted that the autumn session may bring bankruptcy for some universities if the tuition fee is not increased. Two recent reports — one by PricewaterhouseCoopers and the other by the Office for Students (OfS), the higher education regulator for the UK — have recently predicted that 40 per cent of England’s universities face the danger of budget…
