UK Universities Face Funding Crisis as Tuition Fee Hikes Considered
Education Secretary Bridget Phillipson and university leaders discuss potential tuition fee increases and budget cuts to address financial challenges.
- Universities warn of significant deficits due to frozen tuition fees and a drop in international student numbers.
- Tuition fees in England have been capped at £9,250 since 2017, falling in real value over time.
- A proposed increase to £12,500 is seen as necessary for financial sustainability, though a smaller rise is more likely.
- Education Secretary Bridget Phillipson acknowledges the complexity of the issue, promising attention but no immediate solutions.
- Government and university leaders explore various options, including budget cuts and increased government investment.