If Lord Browne's plans go into effect, it seems likely that the four-year degree I took from Oxford will soon cost 24k at the very least, and perhaps more like 40k, in student debt for fees. What actually happened was that I graduated 10 years ago with 5k in student debt, none of which was because of tuition fees
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When introduced, student fees were touted as a 'top-up' to allow universities to expand and improve services. Now they're planned to replace reduced (and already insufficient) core funding - so universities will inevitably have adjust to match their activities to substantially reduced incomes, difficulties and costs associated with recovery of money, but a climate where the 'customers' find they're paying ever more for the reduced offerings.
This may reflect to the individual the true costs of their HE but its hardly a way to ensure a thriving and robust sector for the nation, especially added as a short sharp shock without a plan addressing complementary training and educational sectors providing other options for those left, one way or another, out of the new degree framework.
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