How much does an Oxbridge undergraduate really cost? | Nick Hillman
This post was written by our friends at theguardian.com
Our most prestigious universities are lobbying to increase fees above £9,000, but are not transparent about their finances
The leaders of our oldest universities tell sorry tales about the losses they incur when teaching undergraduates. Andy Hamilton, the vice-chancellor of Oxford, puts the annual cost of each one at around £16,000.
After discounting the £9,000 tuition fees, he says that leaves a funding shortfall of more than £7,000 a year per student. Our most prestigious institutions are now lobbying to be allowed to charge more, while also looking closely at the Australian governments attempt to abolish fee caps.
Continue reading...November 06, 2014