The economic madness of imposing £9k tuition fees

With more and more universities set to charge the maximum £9,000 a year tuition fees, the cost of the government's policy becomes ever more apparent, reports Shamik Das.

With more and more universities set to charge the maximum £9,000 a year tuition fees, the cost of the government’s policy becomes ever more apparent. Today’s Guardian reports that the fee increase could leave a £1 billion gap in university funding, while a survey by the Times (£) of 40 institutions shows the average tuition fee will be £8,700 – just £300 below the cap.

Figures seen by Left Foot Forward show that, based on an assumed fee loan of £8,700, the additional public spending compared to the Treasury’s £7,500 average fee estimate will be £1.05bn over the spending review period.

Universities minister David Willetts had threatened that if fees average more than £7,500 then they will try and further cut higher education funding, and had said universities will only be able to charge the maximum £9,000 fees in “exceptional circumstances“.

Last October, Left Foot Forward, along with Andrew Harding of the 2me2you blog, looked at how the Browne Review (pdf), which recommended the rise in tuition fees, will end up costing the taxpayer more, that the proposals that were not only unfair but won’t reduce the deficit in the short-term.

As the 2me2you blog said at the time, citing data from the Higher Education Policy Institute:

“This analysis makes a mockery of any argument that could be made that suggests that reform of Higher Education funding is necessary or required by a need to save money.

“It does not save money – it costs money, which could be spent more fairly on increasing the core teaching resource. This analysis suggests that Vince Cable has lied to parliament, to the press and to his own party.

“And this analysis casts doubt on the commitment of the coalition to their own stated aim of deficit reduction. This reform is clearly a purely ideological move, attempting to reform Higher Education along market-driven lines with no proven benefits and several clear issues, not least the additional costs to young people.

“And can we really afford it? Apparently so.”

Not only is the government’s tuition fees policy wrong and unnecessary, but it is being incompetently implemented.

25 Responses to “The economic madness of imposing £9k tuition fees”

  1. John Edginton

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  2. Shamik Das

    Cd cost an extra £1bn —> RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  3. Will Straw

    Economic madness: Universities are set to charge £8700 fees on average costing the taxpayer an extra £1.05bn http://bit.ly/f8SXa1

  4. Keele UCU

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  5. Saggydaddy

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  6. Leo Boe

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  7. Kelley Temple

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  8. Dr. Matt Lodder

    ★ " The economic madness of imposing £9k tuition fees:
    With more and more universities set to charge the maxi… http://bit.ly/fAw7pR "

  9. 2me2you

    Reaffirming the dodgy Browne review economics once more – http://www.leftfootforward.org/2011/03/economic-madness-gbp9k-tuition-fees/

  10. Altany

    RT @2me2you2me: Reaffirming the dodgy Browne review economics once more – http://www.leftfootforward.org/2011/03/economic-madness-gbp9k-

  11. Lucy Brown

    RT @2me2you2me: Reaffirming the dodgy Browne review economics once more – http://www.leftfootforward.org/2011/03/economic-madness-gbp9k-

  12. David Kernohan

    RT @2me2you2me: Reaffirming the dodgy Browne review economics once more – http://www.leftfootforward.org/2011/03/economic-madness-gbp9k-

  13. Selene C

    With more and more universities set to charge the maximum £9000 a year tuition fees, the cost of the government'… http://bit.ly/f0zVbm

  14. Nordelius

    Not sure those last quotes are from HEPI… I think they’re from the 2Me2You2Me blog post…

  15. Shamik Das

    Thanks Nordelius – you’re quite right. I’ve amended the text. Thanks.

  16. Ahmad Noor

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  17. LDWF

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  18. Caroline Bennett

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  19. Daniel Pitt

    The economic madness of imposing £9K tuition fees http://bit.ly/f8SXa1 #ConDemNation

  20. vincent reed

    RT @leftfootfwd: The economic madness of imposing £9k tuition fees: http://bit.ly/f8SXa1 by @ShamikDas

  21. Debbie Holley

    RT @2me2you2me: Reaffirming the dodgy Browne review economics once more – http://www.leftfootforward.org/2011/03/economic-madness-gbp9k-

  22. Cameron is wrong to suggest fees regulator has power to set levels | Left Foot Forward

    […] this week, Left Foot Forward reported on the economic madness of raising the cap to £9,000, with average tuition fees set to hit £8,700 […]

  23. Tony James

    The new fees system will cost the Government more than the old system-The economic madness of imposing £9k tuition fees http://bit.ly/dLdShq

  24. 2me2you

    @NOYates I've literally just seen this…sounds gud. Seen this? http://www.leftfootforward.org/2011/03/economic-madness-gbp9k-tuition-fees/

  25. Tuition fees policy "shambolic", "backfiring", "a connoisseur’s cock-up" | Left Foot Forward

    […] See also: The economic madness of imposing £9k tuition fees – March 28th Share | Permalink | Leave a comment Comments > […]

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