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Re: Students Rioting in London.
Quote:
Originally Posted by Hugh
Could I also point out (as I have before) that the £3.3k that the students pay the Uni's (mostly initially funded by HMG/taxpayer on student loans) is not the total given to the institutions - most Uni's get between £3k and £7k per student (depending on the course) as the teaching grant, with additional money for Capital Projects (this of course doesn't count the money loaned on Accommodation Loans, about another £3k funded mostly by HMG/taxpayer) - so the total amount per student per year costs HMG/taxpayer between £9k and £13k, with currently approx £6k per year to be paid back over 10-30 years.
That's why there is a funding shortfall.
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Yes, but fees are going up to compensate for an 80% cut in teaching grants (excluding Science and Medicine if I am not mistaken).
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