4 June 2010
The amount of debt which students take on at University will rise if recent recommendations are put into action.
As The Telegraph reports, the 1994 Group has called for the £3,200-per-year cap on tuition fees to be lifted `to enhance excellence in learning and teaching`.
The Group, representing top universities, did say that the poorest students should have their fees subsidised, hinting at even more debt for other students.
Meanwhile, the Russell Group has said that universities should be free to charge different fees for different courses.
Already, many students are graduating with debt well in excess of £20,000, so these suggestions have been criticised by many.
Aaron Porter, for example (president-elect of the National Union of Students), said that: "The removal of the cap on fees would fully expose students and their families to the huge risks and potential calamities of the market, abandoning them to sink or swim.
"The Russell Group`s proposals would lead to many students leaving university with mortgage-style debts of more than £40,000 when times are already very tough for graduates and young people."
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Tags: debt, student debt, student debts, tuition fees, National Union of Students, Russell Group, 1994 Group
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