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Will higher fees kill Kent universities?
KentOnline / KMTV
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04/11/2024
University fees will increase by nearly £300 following an announce by Education Secretary Bridget Phillipson.
Kristin Hawthorne reports.
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00:00
£9,535. This is how much it could soon cost for students to attend university in the UK.
00:11
Since 2017, fees have been capped at £9,250. The Education Secretary, Bridget Philipson,
00:18
has indicated that costs currently do not reflect the true value of the education provided.
00:24
This increase is in response to many intuitions suffering from the cost-of-living crisis,
00:30
with 40% of English universities expecting to fall below the financial thresholds this
00:35
year.
00:36
From April 2025, we will be increasing the maximum cap for tuition fees in line with
00:41
inflation to £9,535, an increase of £285 per academic year.
00:50
With increases coming for those hoping to join university in the coming year, it's
00:54
feared many students may feel discouraged from joining university.
00:59
When people read a headline that says tuition fees are going to go up, they will naturally
01:04
assume that just means their debt's going to go up, or their potential debt is going
01:07
to go up, and that might put them off going to university, and that's a very bad thing.
01:13
The university fee system is so completely broken, and none of the main parties have
01:21
really wanted to grasp the nettle of doing a really full and proper review of how universities
01:28
are funded. Labour has essentially fallen into the same trap of not wanting to do that,
01:34
and therefore it looks like they're just going to continue with the existing system, but
01:41
just at a slightly higher level of fees, and that is not the answer.
01:46
I definitely think that it will discourage a lot of people from specifically selecting
01:52
engineering and STEM subjects, which in themselves are very, I would say they're already difficult
02:00
to begin with without prior knowledge.
02:05
People are already struggling with what is the prices right now, so I feel it's going
02:09
to be quite a lot. I'm an international student as well, so if that happens to international
02:13
students, I think definitely most of them, they're going to be so encouraged to come
02:17
to university, and here they might choose another country, which is really sad.
02:24
Universities have already suffered a financial hit, with many international students hoping
02:28
to stay in their home countries, citing the cost of living as a hurdle. It is not yet
02:33
clear how much fees may go up for international students, but what we do know is that foreign
02:39
students pay around triple the fees of British students, so the impact of this raise may
02:44
be felt more in international students.
02:48
Kristen Hawthorne, KMTV.
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