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Sugarbabe
Beginning Saver
Joined: 19 Jun 2006
Posts: 49
Cash Points ££ 1027.04
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 Posted: Tue Sep 26, 2006 1:01 am Post subject: Are students getting value for their £9,000? |
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The first crop of students to face top-up fees start college next weekend. Although the top-up fees are set at a maximum of £3,000 a year, many students are expected to owe around £30,000 by the time they complete their studies. But will they have got value for money?
The government had originally hoped that the new system of top-up fees would create a 'market' among universities, with providers charging different fees depending on the prestige and value of the courses offered. At the beginning of the month Gloucestershire University announced that it would be offering a 20 per cent discount on tuition fees for those who pay the £9,000 up front for a three-year course. But its stance is rare - two years after the Higher Education Bill scraped through, only eight institutions are charging fees lower than £3,000 a year for any courses.
This means students should be paying even greater attention to what they are getting for their fees. Even if they aren't being especially vigilant, their parents, who are most likely to foot the bill for the increased costs of a university education, will be keeping a gimlet eye on what their child's university is offering for their money. But how can value for money be measured in higher education?
Sadly, anyone searching for an improvement in academic services could be disappointed, as universities say the money from top-up fees is required simply to cover services that students are already receiving. Professor Ed Corrigan, head of the department of mathematics at the University of York says: 'The additional income will pay for services such as libraries and computing facilities ... that existing income has increasingly been unable to cover. All universities have been going through an overhaul of their pay structures, and this has incurred additional cost, and was one of the reasons the government promoted the introduction of fees in the first place.'
Some universities are responding to top-up fees by redeveloping campus locations, including accommodation and social areas. The University of the West of England (UWE) in Bristol is due to open a new £80m student village on its Frenchay campus this autumn. In a survey of 1,000 students, UWE found that 31 per cent wanted a better standard of accommodation following the introduction of top-up fees. So its student village features larger rooms, all of which are en-suite and sound-proofed, with the doors alone costing £900. Rental costs £90 a week.
Universities say the demand for higher-quality accommodation comes from students. But halls of residence are often rented out as conference facilities during vacations, and it could be argued that universities are responding to demands from conference organisers.
http://education.guardian.co.uk/students/tuitionfees/story/0,,1875048,00.html |
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Victor
Beginning Saver
Joined: 05 Aug 2006
Posts: 35
Cash Points ££ 1077.84
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| Posted: Wed Sep 27, 2006 1:07 am Post subject: |
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Can you believe this from new labour ? Student fees of £9k !!!!
They are bringing policiies that even the tories would not have dared bring in !
Don't be fooled this is a tory goverment ! |
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sneekygirl
Newbie
Joined: 19 Feb 2006
Posts: 20
Cash Points ££ 311.74
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| Posted: Wed Sep 27, 2006 1:53 am Post subject: |
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| Higher education is becoming too expensive and pricing the non well off out ! |
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Duckie
Newbie
Joined: 16 Mar 2005
Posts: 23
Cash Points ££ 443.06
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| Posted: Mon Oct 02, 2006 7:21 pm Post subject: |
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| sneekygirl wrote: | | Higher education is becoming too expensive and pricing the non well off out ! |
I agree, everyone is being forced to pile on ever higher amounts of debt !
Its like being taxed on the sly, as you are effectively selling your future ! your income will need to repay this debt at some point ! |
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Sugarbabe
Beginning Saver
Joined: 19 Jun 2006
Posts: 49
Cash Points ££ 1027.04
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| Posted: Wed Oct 04, 2006 2:20 pm Post subject: |
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| Duckie wrote: | | sneekygirl wrote: | | Higher education is becoming too expensive and pricing the non well off out ! |
I agree, everyone is being forced to pile on ever higher amounts of debt !
Its like being taxed on the sly, as you are effectively selling your future ! your income will need to repay this debt at some point ! |
It is a tax !
Tax through the back door ! 20 years ago it all used to be free for most people !
Its bad because at the same time as its costing more, more people are getting degrees so their value is less.
Its like house prices and second earners |
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Tabby
Money Saver
Joined: 17 Feb 2005
Posts: 86
Cash Points ££ 341.40
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| Posted: Fri Oct 13, 2006 5:16 am Post subject: |
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So add 30k to the 150k for a starter home that £180k of debt !
Exactly how much salary will students need to earn per year ? £40k ?
No chance !
Don't forget council tax an energy costs on top too ! |
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Sarah
Money Manager
Joined: 16 Jul 2004
Posts: 831
Cash Points ££ 12024.38
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| Posted: Tue Oct 17, 2006 12:01 am Post subject: |
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According to a recent report -
A full 73 per cent of 18-23-year-olds fear that they may end up in debt if they're not already, while 61 per cent of those 55-years-old and over feel confident that they will stay afloat, the survey found.
Overall, many in the UK – 59 per cent – are worried about what the future has in store for them financially. |
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banannabal
Stranger
Joined: 05 Jan 2007
Posts: 4
Cash Points ££ 70.48
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| Posted: Fri Jan 05, 2007 10:02 am Post subject: |
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| i dont think anyone here realises just how expensive running a university costs. to be able to provide a world class institution capable of not only teaching the future leaders of the country but provide the facilities for premium research and development. its amazing just how cheap it is now! especially for sciencies, where huge investment is needed for equipment and staff, i for one wouldn't mind paying these extra costs. i mean look at america where its about 30K per year!! (and their university courses are for 4 years). also the government have been worried about the growing debt of universities and so looking at the long run, isn't it better the government have tackled the problem head on, other than letting the problem continue and having our amazing universities become outdated and crap. then we really would have a problem!! |
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