British students to pay more as university fees jump for first time since 2017

Englandʼs universities will see first tuition fee increase in almost 8 years‚ moving to match inflation rates. Nearly half of UKʼs higher-ed institutions face money problems as overseas student numbers drop

November 4 2024 , 08:33 PM  •  590 views

British students to pay more as university fees jump for first time since 2017

The UK governmentʼs education dept made a big-time change today — uni fees in England are going up. Bridget Phillipson‚ Education Minister said fees will hit £9‚535 next academic year: its first bump-up since way back in 2017

Britainʼs top-notch schools (like world-famous Oxford Cambridge and Imperial College) have been stuck in a rough spot‚ with fees staying flat while costs kept climbing. About half of UKʼs uniʼs are in the red this year — thanks to frozen fees and less cash-flow from foreign students whoʼve been scared off by strict new rules

The UKʼs higher-ed system isnt just about books and lectures; these schools:

  • Make over 760‚000 jobs nationwide
  • Help UK stay competitive globally
  • Build business and culture connections worldwide
  • Push forward new ideas and tech

A recent YouGov poll shows people arent happy about this move-up in costs — only 9% think its okay. Keir Starmer who won big this summer had different ideas about fees a few years back (he wanted them gone) but now heʼs changed his mind; his partyʼs been getting heat for tax-and-spend plans

The math is pretty clear: over 12-ish years fees only went up by £250 which didnt match real-world costs. British schools dont have huge money-piles like US ones do — they need student cash to keep lights on. Still lots of folks worry this might keep less-wealthy kids from getting their shot at uni