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Never thought about it that way, that's interesting.
My concern is that they simply got too high, £8000 a year? That's a 24K for 3 years so you have to save our £1000 a year from birth. Not something everyone can do.
JWestland-
Current undergraduate fee is capped at £9250 per year in England and Wales, 'rising with inflation'. On the horizon, expect 'differential' fees instead of a universal cap.
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But students only have to pay back if they earn above the income threshold and unpaid loans expire eventually too. Not everyone will actually pay the full amount. Plus, free university education disproportionately benefits the middle class, because their children make up a large part of the student population and the saving is meaningfull to them.
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So what is your take on what Reese moggy said about your lot?
hoefla
hesa
lynx
University fees are interesting... I saw Nick Clegg talk about that (among other things) a while ago. He described how it was designed as a tax of redistribution, with the intention being that money recovered from those paying for higher education would be allocated to improving education at younger ages. The argument was that better intervention at early stages of life was thought to have the greatest (positive) impact on people's life outcomes. When viewed in those terms, it can give you pause for thought as to its merits. (Doubtless Cameron and Osborne spunked the cash from fees on some tax giveaway for their mates while making sure Clegg got a good kicking.)