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The Education Secretary is expected to announce changes in university tuition fees in England later today in a statement to MPs in Parliament. Increases are widely anticipated as universities continue calling on the government for financial support. The maximum tuition fees in England tripled in 2012 to £9,000 and rose only once to £9,250 in 2017. The regulator in England, the Office for Students, has previously warned that 40% of universities have predicted a deficit this academic year.
July saw calls for government bailouts for struggling institutions, to which Education Secretary Bridget Phillipson suggested that universities should manage their budgets. Universities UK, which represents 141 universities, said tuition fees would need to rise to £12,500 annually to meet adequate teaching costs. However, they acknowledged this amount would be perceived as “clueless” and “out of touch.”
Since the tripling of fees in 2012, students have taken out student loans to cope with the increasing debt. Loans are handed out by Student Finance England and paid directly to universities, which most students pay back throughout their professional lives. The government has also helped with daily living costs through maintenance loans. The Education Secretary’s announcement today comes after a freeze on fees that is due to expire in 2025, at which point they would rise in line with a measure of inflation called RPIX.
The 2012 hike in tuition fees in England led to widespread protests. Due to the potential increased borrowing that will result from rising fees, students will leave university with more debt. Maintenance grants, which were previously non-repayable, were scrapped in 2016. The expected increase in university tuition fees will greatly impact students in England
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