UNIVERSITY TUITION FEES FOR HOME STUDENTS SET TO INCREASE – The fees will rise for the first time in 8 years after being frozen at of £9,250
The education secretary has announced that university tuition fees in England for home students will increase for the first time in eight years after being frozen at an annual level of £9,250 since the 2017/18 academic year.
Education Secretary Bridget Phillipson said the maximum cap will now rise in line with inflation from April 2025, seeing an increase of £285 in the cost of tuition to £9,535 next year.
Leaving students in the unknown, Ms Phillipson did not confirm if fees would rise in future years,as universities have been lobbying for fees to rise by inflation annually.
Ms Phillipson also announced a rise in maximum maintenance loans to increase by £414 in line with inflation to help students with living costs.
Sir Keir Starmer had pledged to do away with tuition fees when he stood to be Labour leader in 2020 but backtracked on the promise last year, saying it was no longer affordable due to “the different financial situation” and that the party would set out a “fairer solution” for students if they won the election – which they did in July.
The change comes as universities have been dealing with a funding crisis, largely driven by a huge drop in overseas students.