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Looks like the Govt. has decided the first step to solving the crisis in Higher Education is (after an 8yr freeze) to put up fees in line with the retail price index in Sept. 2025.

While this may offer some (but by no means enough) financial relief to universities, really it just leaves the same broken model in place & merely puts off a proper reconsideration of how we pay for post-18 university education.

At some point something will need to be significantly changed!

#universities
h/t FT
Do Vice Chancellors get bonuses? If so, I can guess where some of the fee increase will go.
Well, not at the university I used to work at & not elsewhere, but they certainly snuffle up a good wage, often north of £200k....

To be frank, most of any increase will likely be used to plug reserves that have been run down.... its unlikely to be used for re-building staff levels or libraries.... but who knows?

In any case its a drop in the ocean of the finical crisis caused by university funding (or defunding) policy....
Hehehe yeah, I was kinda being facetious, although the question about bonuses was an honest one. Given the commodification of terciary education, I wouldn't be surprised. I was aware that some VCs rake in £250k.
It's another prong of Labour's only "strategy" - tax everything and everyone except the people who caused the mess, the super rich, or their donors.