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Tuesday, 30 November 2010

Nick Clegg claims fees debate could deter poor from applying to university

"Analysis by the lobbying group representing new universities, Million +, suggests the reforms will limit social mobility and see almost two-thirds of graduates paying much more for a degree than they do now. The "triple whammy" of higher fees, real interest rates for loans and a longer debt write-off period is likely to represent a bad deal for taxpayers and will leave between 60% and 65% of graduates worse off, with middle-income earners hit hardest, according to the study.

Allowing universities to charge £9,000 a year will result in many women spending most of their working lives in debt, while pupils from poor families and mature students will be put off applying, it said."

Says it all

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