UK cost of learning crisis: New threats to students' futures?
36,185
Published 2024-07-03
So is going to university still a good investment?
Guests:
Colin Alexander
Senior Lecturer in Political Communications at Nottingham Trent University
Rose Stephenson
Director of Policy and Advocacy at Higher Education Policy Institute
Tia O’Donnell
Campaigner for Tuition Fees Refund
Graeme Atherton
Head of the Centre for Inequality and Levelling Up at the University of West London
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All Comments (21)
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She's right to ask for a refund for the part of education she didn't receive! Since one has to pay to go to uni, it's only fair to expect the service to be comprehensive.
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My degree fee were less than 10k for three years. I graduated in 2011. If I graduated 3 years later I would pay around 30k for the exactly the same degree. So, triple the cost for exactly the same degree. I don’t see how that’s fair.
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The issue is with the Student Loans Company which runs the lending programmes. They are free to increase the interest rates at any time, even if you have signed fixed rate contract. Last year my rates were changed without a letter and added 5 years to my repayments. This is a government organisation so it’s any easy way to generate extra taxes.
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To be fair, refund is a good start to make a good impression not only for national students but also for the international students since uk gets huge numbers of students every year. Like he said north of england is just reliant on students for their livings.
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The tuition fees went up and never came back down. I studied at a UK university (MSc) from 2013 to 2017, and the total tuition was around 20k. Now, it’s more than twice as expensive. Ask them how many more staff they hired during the lockdown; that’s why the costs increased drastically, along with greed.
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A degree is not a guarantee of your career success, you couldn’t ask for refund once you can’t find a good job after your study.
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The issue here is that they are running an education business. To attract more students, they lower the entry requirements for English language certificates. Meanwhile, lenders might increase interest rates, which can disadvantage students. Additionally, international students face difficulties with restrictions on part-time work and the high cost of living in major cities due to rising inflation. To alleviate financial burdens, students can seek scholarships, grants, and suitable part-time jobs
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Nordic, German and French universities usually don't charge fees. In such a case studying is an enjoyable and less risky experience. But, where students invest thousands of dollars/pounds, then the financial burden is carried forward. Also, apart from the top 5 or 7 UK Universities, others don't actually help students develop skills. What is the point of getting a degree if there is zero skill development and skill deficits in the economy persist? Not worth investing time or money!! Better opt for a polytechnic.
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We cannot all study in London and we cannot all be artists
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My son is a British student but he rejected offers from UCL and Manchester for universities in Hong Kong. It is too expensive to study in the UK.
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I dont agree with the argument of higher solary in arts industry. When i went to college, i graduated with a portfolio that helped me to get into uni. But when graduating as a 3d aniamtion bachelor, i had nothing but paper. We did so little that could be used later to get a job. Throughout the year, instead of being taught through lectures or being supoerted, we needed to depend on youtube tutorials. And wasted hours on coding and vfx modues when all of us were in there to progress as 3d artis in environment or character or 3d animation. And just before uni closed becasue of covid, we were told that the whole course will be remodeled for next students to fit more what we expected. So we colplained and had to suffer for 3 years so now to be told thibgs could be changed and they are being changed but for next 1st years 😤 so i have 70k debt, no portfolio, no job and if all i needed to learn in uni was on youtube, i should have just gone to youtube uni for free.
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I finished my master degree when Covid was well over and we were allowed to meet. My uni decided to keep all lectures online. I feel scammed because I didn’t get the chance to meet my peers and network. What’s the benefit of going if you can’t get good lectures and make friends?
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“Only the educated are free.” Epictetus, Foundations of Greece. Book 1, Chapter 2. 450 B.C.
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The debt doesn’t even feel real. I don’t feel the weight of it
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Where I am, the issue isn't just the cost, it's what's available. It's an almost 4 hour round trip by car to the closest place to do my business degree. It's 6hr round trip by public transport. There's a lot of poverty where I am in the UK as there's so few educational opportunities.
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Median salary is $12000 or more ... I mean isn't there a survey done in the UK given the title of the video is about UK students?
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Fees were 9.000£ for so long? universities will broke if someone does not cover the increase that the students are not covering right now.
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I graduated last year in Financial Sciences and got an upper second class honours 67% and have been unable to find a job and now stuck with £80K in debt.
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Parental support is very ambitious word choice, there’s a huge difference between providing for young adults and paying for young adult expenses!
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The first speaker is ironically asking for a refund 'due to strikes'- in her own words, while flaunting the P flag on her left ear. Millions of hours have been lost to university and public protests, on an issue that the institutes have little control over. She has not only been part of the problem, but also made fellow students lose valuable lecture time. Typical hypocrisy.