Theresa May under pressure to cut cost of university as public rejects high fees and huge debts

Theresa May is being urged today to cut the soaring cost of going to university and stop students from being punished with debts of more than £50,000, a poll for The Independent reveals.

Almost two-thirds of people want annual tuition fees – which could reach up to £9,250 this autumn at some institutions – to be slashed or scrapped.

And the poll, by BMG Research, shows even stronger support for axing the interest charged on student loans, which will rise to an eye-watering 6.1 per cent next month.

The results come just days before next week’s A-level results, when tens of thousands of young people will learn if they have achieved the marks to go to university, while worrying about the bills.

The respected Institute for Fiscal Studies (IFS) has blamed “very high” interest rates as a key reason why three-quarters of those students will probably never pay…

Complete article from the original source…

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