Financial Pressures for Universities to Stay Attractive

Published: 13 August 2015

Students who are eligible for a grant know this is their final opportunity to avoid being saddled with £50,000 of additional student debt.

Higher expected debts will make the university decision more commercial than ever before, and many students will focus first and foremost on employability and how they will pay back those loans.

A-level results week has finally arrived and young people up and down the country will be nervously opening their envelopes. Many will be hoping that two years of hard work become a passport to university. Some might have been tempted to take a year out to reflect on their next step, but Chancellor George Osborne’s recent announcement that student grants will be scrapped from 2016 might give them cause to think again. Students who are eligible for a grant know this is their final opportunity to avoid being saddled with £50,000 of additional student debt.

The result: a clearing week busier and more competitive than the higher education sector has ever seen.

For universities, this will only accentuate an already aggressive contest to win over the best, brightest and most discerning students. Higher expected debts will make the university decision more commercial than ever before, and many students will focus first and foremost on employability and how they will pay back those loans.

To read the full article, visit Huffpost here.

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