Are we failing our students? A piece from the the FT today on the 'cost of learning crisis' faced by uni students in England 🎓💸 Link to article (paywall): https://lnkd.in/eq-PD8-F Key points: 1️⃣ Government maintenance support for university students in England is at its lowest level in a decade 2️⃣ The gap between maximum loan entitlement and minimum income standard has rapidly grown due to inflation 3️⃣ Financial pressures are impacting poorer students, and middle-income families bear a larger share of student support 4️⃣ University leaders call for increased government contributions to student support 5️⃣ The Department for Education highlights increases in loans, grants, and hardship funds 6️⃣ Failure to address financial challenges risks reversing progress in social mobility and widening opportunities in higher education What are the possible solutions here? #HigherEducation #StudentSupport #SocialMobility 📚
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Tuition fees on the rise: what it means for future students and the silver lining ahead.. Tuition fees are set to rise for the first time in eight years, impacting students starting after April 2025, mainly those beginning in September 2025 and beyond. Avoiding political debate, it’s important to note that tuition fee changes don’t impact the monthly repayment amount for graduates, only how long they will be repaying - either up to 40 years until the loan is wiped or less if paid off earlier. Currently, only 52% of students in the current system are projected to repay their loans in full before they’re wiped, and higher fees could reduce that percentage even further. The silver lining? Maintenance loans, which are essential for most students and have been overdue for an increase, will see a more significant rise than tuition fees. It’s promising to see more attention on student access, but there’s still work to do. Preserving and strengthening essential programmes like Uni Connect (which has been subject to huge cuts) is crucial to prevent the access gap from widening.
Tuition fees rising to £9,535 for England's universities next year
bbc.co.uk
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Interesting read. We have all seen the cost of everything increase in recent years. Thinking about how this change is going to effect schools moving forward. Do you think students are going to shy away from the schools with higher price tags to attend a state school with a lower annual cost? #highereducation #university #cost
The cost to attend these New England universities will top $90,000 a year this fall. Expect more to follow. - The Boston Globe
bostonglobe.com
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From the 2025/26 academic year, undergraduate tuition fees in England will increase by £285, raising the annual fee to £9,535. This marks the end of a fee freeze that has been in place since 2017. The increase is aimed at helping universities manage financial pressures, though reactions are mixed. While universities have noted the need for additional support, some stakeholders are concerned about the impact on student debt and affordability. As England’s higher education funding landscape evolves, staying informed can help students and families navigate their options and plan effectively for the future. If you are planning to move to England for higher education and need assistance for the same, then visit universityliving.com or DM us. #StudyAbroadUpdateswithUL #StudyInEngland #HigherEducation #Universities #Students #StudyAbroad
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📈 State Higher Education Funding Update: A Mixed Picture in Fiscal Year 2023 According to the recent State Higher Education Finance (SHEF) report, state funding for higher education increased by 3.7% above inflation in fiscal year 2023, marking a significant upward trend in support for public colleges and universities. However, this positive development is tempered by challenging trends in enrollment and tuition revenue. According to the SHEF report, net tuition revenue at public institutions experienced a sharp decline of 3.3% in 2023, representing the largest year-over-year drop since the dataset's inception in 1980. Moreover, full-time enrollment at these institutions decreased by 0.5% from last year and has fallen 12% since its peak in 2011. An additional concern for the upcoming year is the potential impact of the new, complex Free Application for Federal Student Aid (FAFSA) form. With completion rates dropping nearly 25% due to difficulties in navigating the new form, enrollments could face further declines, particularly at institutions that serve a high proportion of students dependent on federal aid. This decrease in student numbers not only impacts tuition revenue but also reduces access to crucial state and federal grant money, which is distributed based on student enrollment. #HigherEducation #PublicEducation #SHEFReport #EnrollmentCrisis #EducationFunding https://lnkd.in/gPRqmVNJ
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Interesting question raised my colleague Louis Pearson. With international student numbers falling due to changes in visa requirements and rules, I think the government should make it easier for universities to attract international students, on whom some of our great institutions have thrived on. I am sure there are other forms of income universities can make better use of, such as commercial partnerships, commercialisation of IP, and using modern technologies to increase operational efficiency. Thoughts?
Despite the increase in the tuition fee cap, over two-thirds of UK universities face financial deficits after a decade limited tuition fee growth. Should the government be doing more, or is it time for radical change within the higher education sector in the UK?
University cash crisis will get worse despite tuition fee rise, BBC told
bbc.co.uk
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📢 The Myth of Tuition Discounting: Why It's Time for a Change in Higher Education For years, higher education has relied on a flawed strategy of high tuition coupled with high discount rates. According to the latest NACUBO study, the average student pays only 44% of the published tuition price due to institutional aid. This widespread practice, while seemingly beneficial, is ultimately unsustainable and misleading. Here's why this model needs to change: Misleading Sticker Prices: High-published tuition deters potential students before they explore financial aid options. This significantly affects middle—and upper-middle-income families, who assume they won't qualify for aid. Retention Issues: As students progress, tuition increases outpace aid adjustments, leading to unexpected financial burdens and decreased retention rates. Institutional Weakness: High discount rates often indicate an institution's struggle to attract students without significant financial incentives. This can lead to financial instability and, in some cases, closure. 🔄 Innovative Approaches to Reassess Tuition: Tuition Resets: Some schools have successfully implemented tuition resets, reducing published prices and narrowing the gap between sticker price and net price. This approach enhances transparency and affordability. Income-Share Agreements (ISAs): These allow students to pay a percentage of their future income for a fixed period instead of upfront tuition, aligning educational costs with post-graduation financial realities. Dynamic Pricing Models: Adjust tuition based on demand, similar to airline pricing, ensuring fair and flexible pricing structures. By reevaluating pricing strategies, universities can foster greater transparency, affordability, and sustainability, ensuring they remain accessible and viable in the long run. https://lnkd.in/gJ3ADHYM #HigherEducation #TuitionReset #FinancialAid #CollegeAffordability #EdReform #Forbes
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💰 Big news in higher education! 🎓 The government has confirmed that tuition fees will rise to £9,535 for UK universities—marking the first increase since 2017! 📈 Over the last few years, universities have faced numerous challenges: drops in international students, immigration restrictions, rising inflation, and the recent NI increases announced in the Autumn budget. If funding per student had kept pace with inflation, it would be between £12,000-£13,000! 📉 Ahead of this announcement, The Office for Students raised concerns, noting that 40% of universities are anticipating a deficit this academic year. While universities might welcome this news, it's understandable that many students are less than thrilled. It's reported that almost 1.8 million students are carrying at least £50,000 worth of debt! I’d love to hear your thoughts on this. What do you think is the solution? Is there a solution?! 🤔💬 #HigherEducation #UniversityFunding #StudentFinance
Tuition fees rising to £9,535 for England's universities next year
bbc.co.uk
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According to the Office for Students, 72% of universities in England could be spending more money than they have coming in and may have to use an overdraft or financial reserves in 2025-26. Even worse, it would seem that in 40% of institutions, cash flow may become so tight there will only be enough money in the bank to cover one month at a time of bills including salaries. This is a BIG story given that the "line to take" has been that universities will survive the current financial crisis and things will return to normal soon. However, we still have no idea what is the state of university finances in #Wales apart from innuendo, rumour and the odd leak from concerned academics. Surely it is time for Llywodraeth Cymru / Welsh Government and Medr: Commission for Tertiary Education and Research | Y Comisiwn Addysg Drydyddol ac Ymchwil to follow the lead of the Office for Students and come clean about what is happening in Welsh higher education. For the last six months, I've been asking for an inquiry into the future of universities in Wales. Now it is even more important than ever that this happens before it's too late. Aberystwyth University Bangor University University of Wales Trinity Saint David Swansea University Cardiff University / Prifysgol Caerdydd Cardiff Metropolitan University Wrexham University University of South Wales
University cash crisis will get worse despite tuition fee rise, BBC told
bbc.co.uk
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Big changes are on the horizon for students in England! Education Secretary Bridget Phillipson has announced that university tuition fees will rise for the first time in eight years, with the annual maximum fee increasing to £9,535 next year. This represents an increase of around 3.1%, which the government attributes to inflation. Students have voiced concerns that this rise could deter future applicants and exacerbate the existing burden of student debt. As tuition fees rise, many are wondering about the implications for access to higher education. Will this create a divide where only the financially privileged can afford university? What alternative funding options should the government consider to support students? What are your thoughts on the impending rise in tuition fees? Will it impact your decision to pursue higher education? Share your opinions with us! Read the full article here: https://lnkd.in/etPNrpD4 📧 Email us at: admin@tutorfromhome.co.uk 📱 Call or WhatsApp: 07774197995 🌐 tutorfromhome.co.uk #TuitionFees #HigherEducation #StudentDebt #University #EducationReform #StudentLife #UKEducation #CollegeCosts #GovernmentPolicy
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Recent analysis on Wonkhe has highlighted the severe impact of financial difficulties on students, emphasising the crucial need for enhanced support systems. Our Basic Needs Survey at Staffordshire University helped shape these wider sector findings, revealing the profound struggles students face in balancing well-being and study due to financial constraints. This calls for a united effort to address these disparities and ensure that all students receive the necessary resources to thrive. Professor Annabel Kiernan says: "The Survey underscores the struggles students face in maintaining their well-being and academic performance due to inadequate financial support. "This is a call to action for all stakeholders in Higher Education to address these disparities and ensure that all students have the resources they need to succeed." Read the article below:
Some students have. Some students have not | Wonkhe
https://wonkhe.com
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