Fee waivers may not be positive for student finance

Thu, 15 Dec 2011

The introduction of fee waivers could prove detrimental to student finances in the long-run, it has been suggested.

Johnny Rich, editor of Push.co.uk, noted the approach is generally "a bad thing", as the only people it serves to help are those who end up wealthy enough to afford the costs anyhow.

The industry figure explained the way a fee waiver works "is that you only pay your fees when you've graduated . . . and you only then pay them when you are earning £21,000 or more".

He claimed the method only benefits those who would have earned a decent salary in any case - rather than individuals truly in need of assistance regarding their student finance situation.

Many poorer schools do not sit down with pupils to explain the ways in which they can access the kind of money required in order to pay for rising tuition fees at university level, Mr Rich went on to point out.   

His comments come after Phil Murray, director of Gapadvice.org, recently claimed many would-be university goers are looking to use gap years as a means of saving money in order to afford escalating higher education costs.
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