We are being told that we must increase tuition fees because otherwise there won’t be enough money for higher education.
But even if the increased fees are introduced next year, students starting then won’t graduate for three years. So the income from the increased tuition fees won’t start to appear until September 2014 – and that will only be a trickle. The real money will only start rolling in once those graduates have progressed to big-money jobs, probably well into the 2020s.
So how on earth are we going to be funding higher education for the next decade?