Tuesday, 10 January 2012

Public Funding For UK Universities Falls To All-Time Low

Taxpayer funding for English universities is slated to drop to a mere 15 percent, the lowest it's been in 100 years, Graeme Paton with the The Telegraph reports.

To make up for the lost public funding, students will see a major tuition hike.

Starting in September, British universities will be allowed to charge students up to £9000 per year, or around $11,489.

The tuition hike was approved by Parliament in December 2010.

The drop in government funding is just the latest step that critics say is slowly transforming a public university system into a private one.


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