British Universities | 40% of British universities are expected to be in financial difficulty. Cambridge and Oxford are expected to increase tuition fees for local students, which may increase to about 110,000 within 5 years – Hong Kong Economic Times – TOPick – Parenting – Further education

▲ It is expected that 40% of universities in the UK will be in financial difficulty, and famous universities such as Cambridge and Oxford are expected to increase tuition fees.

[British Universities/British University Tuition Fees/British Universities Increase Tuition Fees/Oxford, UK/Cambridge, UK]Many universities in the UK have encountered financial difficulties in recent years. It is said that the New Labor government intends to increase university tuition fees to 10.5 pounds (approximately 109,000 pounds) in line with inflation. Hong Kong dollar), with an increase of as much as 13.5%. Some Labor colleagues admitted that the tuition fee adjustment is to cope with the “severe and worsening financial pressure” faced by universities, but at the same time, subsidy programs for poor students will also be restored.

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British universities increase tuition fees | 40% of British universities are expected to be in deficit

comprehensive《The Guardian》Foreign media reports indicate that 40% of British universities are expected to fall into deficit this year. Therefore, in order to prevent institutions from closing down, university leaders are calling on the government to immediately raise tuition fees. The University of Cambridge is one of 141 UK universities to recently call for an increase in tuition fees due to falling international student enrollments and rising inflation.

Peter Mandelson, a Labor Party colleague and candidate for the next chancellor of Oxford University, believes that future tuition fees should rise in line with inflation, with an annual increase cap of 2.5%.

England’s universities have reached a turning point. Financial pressures are severe and getting worse.

Attention to travel in the UK | Hong Kongers will need to apply for an ETA to enter the UK in January next year. There is no exemption for BNO passport holders

▲ It is expected that 40% of British universities will fall into deficit this year, so in order to prevent institutions from closing down, university leaders call on the government to immediately increase tuition fees.

British universities increase tuition fees|Plan to increase tuition fees by HK$13,000 in 5 years

In fact, tuition fees at British universities only increased by 250 pounds (approximately HK$2,600) to 9,250 pounds (approximately HK$96,000) for one year in 2017, and have remained there ever since. Officials plan to increase tuition fees, which have been frozen for seven years, to £10.50 (approximately HK$109,000) a year in the next five years, with an overall increase of £1,250 (approximately HK$13,000).

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British universities increase tuition fees | British Prime Minister says the previous government caused “huge damage” to the economy

In fact, the new Labor government had previously promised to completely abolish these fees. The current British Prime Minister Sir Keir Starmer acknowledged the “huge damage” caused to the economy by the previous government, so the policy changed.

Education Secretary Bridget Phillipson said she did not want tuition fees to increase, but the value of the annual tuition fee of £9,250 (approximately HK$96,000) had been “eroded”.

It hasn’t gone up in a long time. Overall, our system is the worst in the world.

ETA|Hong Kong residents must apply for ETA to enter the UK from early next year. The application fee is £10 and is valid for 2 years.

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