Newspaper article The Evening Standard (London, England)

If University Fees Rise, Loans Must Keep Pace

Newspaper article The Evening Standard (London, England)

If University Fees Rise, Loans Must Keep Pace

Article excerpt

PROFESSOR Malcolm Grant, provost of University College London, recently rated one of the world's top four universities, has warned that parents may have to save from birth to pay future college fees. There can be no question but that the present [pounds sterling]3,225 cap on tuition fees will have to rise. That is essential if Britain's universities are to remain top of the league, as they must for the sake of this country's cultural, scientific and economic standing in the world. And it also needs to be said that the individual student, who stands to gain so much from university education, must make a meaningful contribution to the cost, either while he or she is studying or out of future earnings. It is not fair for the lorry driver's taxes to shoulder all the cost of educating high-flying lawyers of the future.

That said, the prospect of Ivy League-style fees will horrify parents and intending students alike. There is a real danger that talented pupils may be deterred from taking up places for fear of the financial consequences. …

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