Britons say $14,400 tuition not worth it - Macleans.ca

Britons say $14,400 tuition not worth it

More than 70 universities are charging new maximum

by

Only 29 per cent of British adults believe that a university education is worth £9,000 ( $14,431) a year, while 56 per cent believe that it isn’t worth that much and fifteen per cent are unsure, according to a new poll by YouGov that was reported on by Times Higher Education.

The news comes as British students enter a school year in which more than 70 universities are charging the new maximum tuition rate of £9,000 ($14,431) a year. When the cap was raised from £3,350 ($5,376) earlier this year, Britain’s Business Secratary had predicted that schools would only choose to charge that amount “in exceptional circumstances.” That proved to be untrue.

Brits are also divided when asked how graduates will fare in the long term, with 42 per cent agreeing that they “will end up worse off in the long term, as their increased earnings will be outweighed by the cost of going to university.” Forty per cent disagree and 18 per cent are unsure.