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Oxford And Cambridge Could Lead Universities In Keeping Tuition Reasonable

by Jim ONeil on March 23, 2011

in student finance

A recent vote in the UK parliament resulted in a tripling of tuition fees. It has been reported that Cambridge, Oxford, Exeter, and Imperial College will charge the full £9,000 in tuition. However, both Cambridge and Oxford are self-governing institutions so the administration can wait until the decision is ratified by dons before making the official announcement.

Academic staff members in particular are questioning these fee increases.

Based on the situation, the government higher education funding policy may not be successful. Instead of widening the tuition gap between higher education institutions, tuition may be very similar. Seven out of ten schools may charge the full amount, with none proposing less than £7,500.

Oxford and Cambridge plan to offset the fee by offering reductions for economically disadvantaged students and by maintaining bursaries.

Despite this, the coalition is now faced with a massive increase in upfront cost of loans. It is considering penalizing schools that “unreasonably” charge the maximum tuition. Foreign students traditionally

partially subsidized the tuition by paying commercial fees. Since the Home Office placed a cap on study visas, this amount of money is likely to decrease.

Politicians who formerly supported the market-driven reforms are now backtracking.

Some dons feel that if Cambridge and Oxford really want to open their doors to less affluent students, they should charge less than other schools. These universities are better positioned to do so, with Cambridge raising one billion pounds through its recent 800th Year Campaign.

Close to 80 Cambridge dons have called for a no-vote on the  proposal to triple tuition.

Schools like Cambridge and Oxford are in a position to force the government to re-think their proposal regarding changes in university funding. Neither university is likely to go bankrupt if it does not charge the full tuition increase. The no-vote has nationwide implications for university funding and student loans.

connema

It's not just logarithms, but world history, physics, etc, most of it isn't really used in the 'real world', when it comes to looking for a job in the future, employees want educated people because they know that if you were able to learn logarithms, history, etc, in high school and/or college, then you'll be able to learn all the stuff that they need you to for you job. make sense? you have a good point too, that education is a growing thing, the way to learn how to solve problems is to practice, really.

Ryan Keene

You’ve been busy. What exactly are your goals in existence to become wealthy, well-known or well-educated?

admin

I think being happy and healthy is the most important thing Ryan:) Wealth gives you freedom to do more things..

Kimberly Kinrade

I'm all for the education. And would really have loved to see you set up and take that barbie pict!

However, the debt of student loans and the burden that has put on a hard economy is being hyped as the next bubble to burst. Not saying Walmart is better, or food stamps or whatever, just saying that even with that diploma and lots of degrees after my name I've landed on tough times where I couldn't make ends meet, let alone pay my student loans. There are many other sides to consider.

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