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More Universities Than Expected To Charge Top Fees

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http://www.google.com/hostednews/afp/article/ALeqM5gMxIOpKugZ3_8VEoJFWAFGnnirsQ?docId=CNG.710d7d5daab14cb99ed0babf1347a6da.151

More universities than expected to charge top fees
(AFP) – 3 hours ago
LONDON — The government could face a "substantial funding gap" for higher education after ministers underestimated the number of universities which will charge top fees, a report published on Tuesday said.
A government spending watchdog said more universities than expected were planning to charge the maximum £9,000 tuition fees from 2012.

Around $60k for one year in a US University so £9k is not unreasonable IMO. Too many getting useless degress as it is. A way of keeping unemployment stats appearing to be healthy I suppose.

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http://www.google.com/hostednews/afp/article/ALeqM5gMxIOpKugZ3_8VEoJFWAFGnnirsQ?docId=CNG.710d7d5daab14cb99ed0babf1347a6da.151

More universities than expected to charge top fees
(AFP) – 3 hours ago
LONDON — The government could face a "substantial funding gap" for higher education after ministers underestimated the number of universities which will charge top fees, a report published on Tuesday said.
A government spending watchdog said more universities than expected were planning to charge the maximum £9,000 tuition fees from 2012.

Around $60k for one year in a US University so £9k is not unreasonable IMO. Too many getting useless degress as it is. A way of keeping unemployment stats appearing to be healthy I suppose.

I have no idea how good US universities are, maybe 60k dollars is reasonable value though it seems very unlikely. How many per class? - at that price it should be less than 15 IMO with plenty of personal attention.

I wouldn't have wanted to pay much for my UK polyversity education. There were 90 students on my course at the beginning - fees of 810k GBP per year!

Mostly poor facilities, mostly(with some honourable exceptions) poor lecturers. It was rubbish, the best experience I gained was in my gap year working in France.

I have the all-important-but-worthless piece of paper now though!

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Around $60k for one year in a US University so £9k is not unreasonable IMO.

Except that only STEM subjects at the Ivy League universities cost anything close to that. A typical figure for an average course at a mid-ranking state university is nearer $10k (just under £7k).

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Wow - so any university that can charge fees will charge fees ... and will charge as much as they can get away with. Well I never!

Yes, that really is 'unexpected'. WTF did people think was going to happen?

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Around $60k for one year in a US University so £9k is not unreasonable IMO. Too many getting useless degress as it is. A way of keeping unemployment stats appearing to be healthy I suppose.

I'll wager that within 10 years it will have reached £60k in the UK. It's the ultimate City of London wet dream: debt from the very beginning of people's adult life, cannot be removed via bankruptcy and guaranteed by the government; it's the ultimate debt slavery deal.

The limit will be increased by the government at an inflation busting rate every year, immediately accompanied by corresponding rises in uni fees (as always happens in credit financed markets).

Just look at the US, it's been an absolute feast for Wall Street. Since credit fuels that inflation there will be virtually no limit to how high fees will get to and how much indebtedness people will have to take on.

This one is a potent agent of societal change. Auf wiedersehen democracy, hello feudalism.

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I'll wager that within 10 years it will have reached £60k in the UK. It's the ultimate City of London wet dream: debt from the very beginning of people's adult life, cannot be removed via bankruptcy and guaranteed by the government; it's the ultimate debt slavery deal.

What is it with Student Loan debt being 'bankruptcy-proof' anyway?

What was the rationale behind the special conditions on that sort of debt that allow it to survive bankruptcy whereas virtually no other debt agreement does?

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Around $60k for one year in a US University so £9k is not unreasonable IMO. Too many getting useless degress as it is. A way of keeping unemployment stats appearing to be healthy I suppose.

Problem is the current generation have to pay, the generation before them had to less, the generation before them nothing at all, the generation before them nothing at all plus got benefits on top.

It's not like the current generation are well off, not like housing is cheap, fuel is cheap, food is cheap or motoring is cheap.

Almost like we are completely fukced here and have to eat our own young to survive :angry:

Loading people up with debt is no way to grow an economy, it's simply a way to hand wealth the the elites and enslave the masses.

Welcome to 21st century UK, serfdom...

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I'm still wondering why the students aren't rioting every week, having sit-ins, burning buildings etc. Are they that brain-washed / weak-livered?

Just shut up and pay seems to be the rationale these days....:(

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Many universities say they will charge top rates because to do otherwise damages their brand image.

I suspect that once they find out that not many people will actually pay the costs to go to 'solihull polytechnic university' et al then we will see much more differentiation in pricing, but perhaps via bursary rebates than a cut in headline fees.

Truth is though that for many courses that isn't too far off the actual cost of the course, forget profit. If people aren't willing to pay the real cost then unproductive courses will wilt away, which is probably a good thing. Although I would love everyone in society to have a leisured and interesting education there is something immoral in taxing/extorting the money to fund it from others.

It's a bit much to ask society to make an investment in you when you aren't prepared to do it yourself.

As for debt, well it's not too complicated really, the boomers are choosing to use the money that used to be spent on their education to service debt, keep them in public sector jobs etc. They will pay for it when the younger generation can't buy their BTL 'pensions' from them for the value they thought they were worth, and maybe we'll even get some reneging on the gold plated pension deals they signed themselves giving us the bill.

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Wow - so any university that can charge fees will charge fees ... and will charge as much as they can get away with. Well I never!

Yes, that really is 'unexpected'. WTF did people think was going to happen?

The magical market fairy would wave her wand and sort it all out....

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I was talking to a guy the other night. Brought up in the slums by alcoholic parents. Got himself sorted out, earned his living painting and decorating. Never had much as he said 'I've got enough money to last the rest of my life - if I die by half 9'

63 years of age and both his daughters had done him proud by going to Uni. Making a bit better life for themselves and their families. If this age of opportunity was socialism, I'm all for it, thanks. You can forget it now.

Britain is not a 'socialist' state as some on the right would have you think. It's a totalitarian state which supports the lumpen proletariat with just enough to stop them being a nuisance . There is no redistribution of income other than this sop to the proles, as for the rest, the working 'class' or middle class or whatever you call them, they are increasingly squeezed by the disgusting political, bankster, fraudster class. The problem is, that this jackboot only ever lasts a period of time. When will we wake up? I have no idea, but one day things WILL change.

On a personal level, I sincerely hope Mandelson gets first pick of the lamposts.

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Except that only STEM subjects at the Ivy League universities cost anything close to that. A typical figure for an average course at a mid-ranking state university is nearer $10k (just under £7k).

Is that per year, or the full course? For 1 year I'd guess.

Whats that - converting one trashy currency into another trashy currency - £4K-ish.

Admitingly these fees are probably for students who come from within the state.

Factor in much lower living costs and flights to the US, which can be bought for a similar sum as a Newcastle to London, and the UK university does not look too good.

Outside of the real top layer, where there are large number of rich (as opposed to bright) students willing to pay, the only plus for UK universitty education would be the OU.

Business op opening empty pubs + shops as OU study rooms?

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http://www.google.com/hostednews/afp/article/ALeqM5gMxIOpKugZ3_8VEoJFWAFGnnirsQ?docId=CNG.710d7d5daab14cb99ed0babf1347a6da.151

More universities than expected to charge top fees
(AFP) – 3 hours ago
LONDON — The government could face a "substantial funding gap" for higher education after ministers underestimated the number of universities which will charge top fees, a report published on Tuesday said.
A government spending watchdog said more universities than expected were planning to charge the maximum £9,000 tuition fees from 2012.

...scrap most of the 'unis' ...it can all be done online ...use the brain and deliver at little cost more effectively and efficiently ...cut out the old school snobbery ...adapt or perish ..... :rolleyes:

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63 years of age and both his daughters had done him proud by going to Uni. Making a bit better life for themselves and their families. If this age of opportunity was socialism, I'm all for it, thanks. You can forget it now.

Without a bit more information, I would not agree with that.

IMO, a degree is only worth it if:

A) Its something you are interested in and you can afford it - money + time.

B) Its something that we help you get a better job - I hesitate saying career - better earnings/better chance of re-employment.

The majority of women study arts + humanaties subjects which are employment suicide esp. now the public sector is to shrink.

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This whole education thing is another bubble fit to burst! :huh:

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I'm still wondering why the students aren't rioting every week, having sit-ins, burning buildings etc. Are they that brain-washed / weak-livered?

Weak-livered from all of the f-ing drinking they do :rolleyes:.

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Except that only STEM subjects at the Ivy League universities cost anything close to that. A typical figure for an average course at a mid-ranking state university is nearer $10k (just under £7k).

My niece is at Berkeley (a state university) and I'm pretty sure my sister is paying $40,000+ a year. Accomm. extra of course.

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My niece is at Berkeley (a state university) and I'm pretty sure my sister is paying $40,000+ a year. Accomm. extra of course.

I think they saw her coming.

University fees in the US vary from $5k to $40k. At UCB they are about $7k for a california resident and $14k for a foreign student.

I suspect that many UK unis will be in for a big wake up call.

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I'm still wondering why the students aren't rioting every week, having sit-ins, burning buildings etc. Are they that brain-washed / weak-livered?

Just shut up and pay seems to be the rationale these days....:(

They are all too busy talking about Geordie shore and Cheryl on Facebook.

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A maximum of £9k per year? I think i'll send my toddler to Uni then as my local nursery charges £12k a year.

Good god!! 12k for a nursery, for a lot of working mothers that's a wage. Cheaper to stay at home and help the kids glue the cat to the carpet.

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What is it with Student Loan debt being 'bankruptcy-proof' anyway?

What was the rationale behind the special conditions on that sort of debt that allow it to survive bankruptcy whereas virtually no other debt agreement does?

The people that made the decision had no student loans?

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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