Increase In Tuition Fees Will Put Economy and An Entire Generation At Risk
Saturday, October 9th, 2010Next week the Government is scheduled to release details of the Browne Review of Higher Education Funding and Student Finance, however some details have already been released – We know that the review will call for variable rate interest linked to graduate earnings, and to at least more than double fees to £7,000 from the current rate of £3,290 per year. The Guardian reports that a higher fee of £10,000 was considered but Browne understood that such a rise would be too “toxic”.
I reject every aspect of this report, right from the appointment of the person who spearheaded it – Baron Browne. Browne was Chief Executive of BP until 2007, when he resigned after allegations regarding his personal life and misuse of company funds; and he faced perjury charges for lying in court. He pushed for dangerous cuts that compromised safety at BP, making him largely responsible for multiple disasters, including the Deepwater Horizon explosion earlier this year. Browne’s only experience with regards to education comes in the form of being a Cambridge Graduate as well as graduating from Standford. He also allegedly has links to the partner of Peter Mandelson, who was responsible for the appointment, and also accepted a job from the present government, undermining [further] the independence of this review, say the University and Colleges Union.
One option laid out in the review, and apparently approved by both sides of the Government, is to introduced tiered interest rates for HE students from 2012; which would replace the current fixed 1.5% rate. This means that whilst graduates won’t be earning any more than at present (starting salary approximately £22,000 in 2009), they would be be expected to pay more back each month, putting them at greater risk of accumulating new debts as they struggle to balance rising living costs, the rise in VAT, and having to pay off more of their even larger student debt.
The review also recommends rising tuition fees to at least £7,000. Such a rise would do little to offset the savage funding cuts education and the wider society face, and in essence means students are paying more for the same, or worse quality of education than seen now as institutions are forced to stretch their funding to the limit. The biggest impact of raising these fees, however, is that it fatally undermines the viability of university education to persons from less-well-off backgrounds. Thousands more people will be denied the opportunity to learn, not because of their ability, but because of their income. Education plays a vital part in enabling social mobility, and graduates more than pay for themselves in graduate employment work over the course of their life. By reducing the number of graduates by excluding those from lower socio-economic backgrounds puts the economy at risk over a far greater period than presently seen with the global recession and deep spending cuts. An entire generation faces the prospect of long-term unemployment, large debts, and grossly reduced welfare and services to support them.
Raising tuition fees doesn’t just compromise society and the economy. A £7,000 means that we won’t just see a division of universities to elite institutions and lower quality colleges similar to polytechnics, but we risk seeing up to a quarter of the Higher Education sector struggle and perhaps collapse as the low-income students they rely on to survive are forced away from education due to costs. Additionally, science contributes billions to the UK economy, and being hit with the double-whammy of funding cuts and less graduates puts UK – and international collaborative research on the back burner, reducing economical contributions and delaying important scientific progress.
Prior to the General Election, over a thousand PPCs signed a pledge to oppose any rise in tuition fees, including Clegg and most of the Lib Dem MPs. Now-Deputy Prime Minister Nick Clegg also said in April that rising fees to £7,000 would be a “disaster”, and their manifesto pledged to scrap tuition fees entirely over 6 years. The Browne Review is likely to be the strongest test for the Liberal Democrats and the Coalition Government. Whether the Liberal Democrats will support the rise in fees, citing they “didn’t know how bad the deficit left by the last Labour Government really was”, and that “coalition government always means compromises”; or whether they will stick to their original pledges is yet to be seen, but I sadly expect we shall see the former.
12/10/10 Update: It’s even worse than expected. The review calls for uncapped fees, and lays out models for up to £12,000. Repayment of loans would also follow market rate, currently 2.2%+inflation. If implemented, this policy would throw away the ambitions and chance of success of an entire generation due to the mistakes of the older generations who took what they pleased, and leave us to pick up the tab and suffer the consequences. It is not on, and students, unions, and politicians across the country should not support any rise in fees, especially the Lib Dems, all of which signed the NUS pledge to oppose increasing tuition fees.


