Labour leader Ed Miliband has warned that the government's introduction of higher tuition fees could see up to 36,000 students miss out on a university place.
He claims that, with many more universities opting to charge the maximum of £9,000 in tuition fees, ministers may have to cut university places to make up for a funding shortfall of nearly half a billion pounds.
Analysis by Labour showed that 70 per cent of universities which have declared their fees for next September are planning to charge the maximum £9,000.
Based on House of Commons library figures, the party said average fees of £8,500 could create a funding shortfall of up to £450 million by 2014/15.
"Not only do [students] face being burdened by vast debts but, to compensate for the money lost by their incompetence, Vince Cable admits he may now cut university places, said Mr Miliband.
"Filling a hole of half a billion pounds by cutting university places could mean over 30,000 fewer young people going to university ."
This week, Hull and Lincoln universities announced they intend to charge the maximum £9,000 in tuition fees.




