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Student costs could rise following new review
Students could face bigger adverse credit problems in future, if a new review recommends an increase to tuition fees.
Business secretary Lord Mandelson has announced that a seven-strong panel headed by former BP chief executive Lord Browne would look into various student funding options.
Some analysts expect that the experts will say that the current tuition fee cap can be raised.
The fees currently cost the typical student in England over £3,000 per year.
Recent data from Push.co.uk shows that the average undergraduate beginning their studies in 2009 will graduate with over £23,000 of debt.
A poll from Compass, a pressure group, also suggests that only 12 per cent of the UK public want an increase to the cap to be considered by the review.
Wes Streeting, president of the National Union of Students, commented: "Members of the review should be in no doubt about the scale of public opposition to a hike in fees and the level of student anger about the extent of our indebtedness and the marketisation of our education."
Lord Mandelson said that the investigation would look into the "balance of contributions to universities by taxpayers, students, graduates and employers".
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Business secretary Lord Mandelson has announced that a seven-strong panel headed by former BP chief executive Lord Browne would look into various student funding options.
Some analysts expect that the experts will say that the current tuition fee cap can be raised.
The fees currently cost the typical student in England over £3,000 per year.
Recent data from Push.co.uk shows that the average undergraduate beginning their studies in 2009 will graduate with over £23,000 of debt.
A poll from Compass, a pressure group, also suggests that only 12 per cent of the UK public want an increase to the cap to be considered by the review.
Wes Streeting, president of the National Union of Students, commented: "Members of the review should be in no doubt about the scale of public opposition to a hike in fees and the level of student anger about the extent of our indebtedness and the marketisation of our education."
Lord Mandelson said that the investigation would look into the "balance of contributions to universities by taxpayers, students, graduates and employers".
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Published: 10/11/2009
The information in this article was correct at the time of publication and contains time sensitive data and links, it may not be accurate at the time of reading.