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> Add to this the fact that Universities receive no penalty from the market for continually increasing their prices. This article is about universities in the
by IanCal 9y ago
> Add to this the fact that Universities receive no penalty from the market for continually increasing their prices.
This article is about universities in the UK, and they cannot arbitrarily decide to increase their tuition fees for home student.
> Because student loans are available to service ever increasing tuition costs
For many, a drop in tuition fees would never actually be noticed. For those that start to notice, it'll only make a difference when they're much older. This is because student loans in the UK are income contingent, and forgiven after a set period. Most people will not pay off their loans before they are forgiven.