March 25, 2009

The cost of going to University

Currently the tuition fees for going to university are £3,125 per year, these are set to rise next year to £3,225 per year. But if universities have it their way fees could rise to as much as £7,000 per year, in fact there are claims that a fee or £5,000 per year would not put off anyone from going to university.

However, it does not stop there, that is just the tuition fees, which are payable through a loan system at the end of the course, normally three years. Nevertheless, if living expenses such as food, rent, books and other expenses are looked at, this could mean an additional £10,000 per year.

Looking at how the fee structure is planned this means that a three year course at university is going to end up costing around £40,000.

Source [Telegraph]