England's Tuition Fees Policy Will Cost Billions, Says Welsh Academic; 'BOGUS ECONOMICS' SHOWN UP IN RESEARCH, CLAIMS MP

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Byline: DAVID WILLIAMSON

ENGLAND'S tuition fees policy could end up costing taxpayers more than pounds 100,000 a student, a Welsh academic has warned.

The analysis by Hywel Williams, a senior lecturer at the University of Glamorgan business school, has raised fears that "bogus economics" are at the heart of the UK Government plans to have English students pay fees of up to pounds 9,000.

Loans will be written-off after 30 years and Mr Williams has calculated that interest payments will may well accumulate at a greater rate than students will be able to make repayments.

He expects that taxpayers will face a bill of billions of pounds in 30 years.

Owen Smith, Labour MP for Pontypridd, is sending copies of …