England's tuition fees to rise with inflation
China DailyAmid fears of a growing financial crisis among universities in England, the UK government is expected to announce that tuition fees will rise in tandem with inflation over the next three years. Following last month's announcement of England's first tuition fee rise in eight years, Education Secretary Bridget Phillipson is set to unveil the plans for fees to exceed 10,000 pounds during this parliament, reported the Financial Times newspaper. Rampant inflation has eroded the real-term value of tuition fees, prompting university leaders to seek government help as institutions become increasingly dependent on higher-paying foreign students to manage their financial struggles. Analysts warn that with institutions facing a 3.4 billion-pound income decline and losing 2,500 pounds per domestic student, the fee increase last month barely offsets new employers' national insurance costs announced in the recent UK budget, providing only an 18 million-pound net gain annually.