Graduate debts 'could rise to £40,000' under Russell Group plan
source: http://www.telegraph.co.uk/education/educationnews/7733841/Graduate-debts-could-rise-to-4000...
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- Mcellie
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The Telegraph reports, the Russell Group (who represents 20 leading Universities in the UK) stated it wants there to be no limit on the fees universities can charge, which the article says is currently £3,225.
The argument for 'abolishing the limits' is to increase the funding for universities and more money for low income undergraduates. However, the National Union of Students fear the increase in fees could see students leaving university with bigger debts up to £40,000.
“The Russell Group's proposals would lead to many students leaving university with mortgage-style debts of more than £40,000 when times are already very tough for graduates and young people.”-Telegraph
The article, points out the review of finances is expected for the Autumn and might see a strain for the coalition government because their policies on fees are very different.
Russell Group Universities.
* University of Birmingham
* University of Bristol
* University of Cambridge
* Cardiff University
* University of Edinburgh
* University of Glasgow
* Imperial College London
* King's College London
* University of Leeds
* University of Liverpool
* London School of Economics & Political Science
* University of Manchester
* Newcastle University
* University of Nottingham
* University of Oxford
* Queen's University Belfast
* University of Sheffield
* University of Southampton
* University College London
* University of Warwick
The argument for 'abolishing the limits' is to increase the funding for universities and more money for low income undergraduates. However, the National Union of Students fear the increase in fees could see students leaving university with bigger debts up to £40,000.
“The Russell Group's proposals would lead to many students leaving university with mortgage-style debts of more than £40,000 when times are already very tough for graduates and young people.”-Telegraph
The article, points out the review of finances is expected for the Autumn and might see a strain for the coalition government because their policies on fees are very different.
Russell Group Universities.
* University of Birmingham
* University of Bristol
* University of Cambridge
* Cardiff University
* University of Edinburgh
* University of Glasgow
* Imperial College London
* King's College London
* University of Leeds
* University of Liverpool
* London School of Economics & Political Science
* University of Manchester
* Newcastle University
* University of Nottingham
* University of Oxford
* Queen's University Belfast
* University of Sheffield
* University of Southampton
* University College London
* University of Warwick
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CarolineS
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not suprising! the damage for myself is already over -£18,000 worth of debt for 2 years of university where i learnt regurgitated crap from a power point presentation that i could have done at home- i just worry about the next generation of students who wont know whats hit them
- 2 years ago
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CarolineS
