High tuition fees ‘will put youngsters off of going to uni’

Posted 08 Sep 2010

According to a new report by HSBC released this week, 53 per cent of existing students would have been deterred from going to university if tuition fees were £5,000.

A further 70 per cent would have been discouraged if tuition fees were set at £7,000 and 78 per cent would be put off if tuition fees rose to as much as £10,000 a year.

This shows that students are concerned about the amount of debt they will be left with when they graduate from university.

If tuition fees do increase and youngsters are cautious about attending university, they could undertake a TEFL course instead as this will work out cheaper.

A TEFL course can open up doors overseas as it trains people in how to teach English abroad, in countries such as China.

Aaron Porter, National Union of Students president, said: "The financial pressure on young people is mounting, and an increase in fees to £7,000 would, according to universities' own figures, consign a generation to unsustainable mortgage-style debts in excess of £32,000."

In a new report by the Organisation for Economic Co-operation and Development, UK universities slipped to 15th place in the world in regards to their number of graduates.
 

Category: Teaching and Learning