UK Universities Urge Tuition Fee Hike to Avert Financial Crisis
Universities UK calls for inflation-linked fee increases and more government funding to address budget deficits and declining quality.
- Tuition fees in England have been capped at £9,250 since 2017, leading to financial strain on universities.
- Universities UK, representing 141 institutions, proposes raising fees to £12,000-£13,000 per student to match inflation.
- The body also suggests reinstating maintenance grants and increasing loans to support students from disadvantaged backgrounds.
- A decrease in international student numbers has exacerbated the financial issues, as these students pay higher fees.
- The Department for Education acknowledges the challenges and aims to ensure financial sustainability for universities.