At an average, home and EU students pay around £3000 for an undergraduate course, and now the government plans to treble fees. David Willetts, UK minister for universities and science, currently visiting India, told TOI the hike is not going to affect Indian students.
The hike for home students is intended to reduce the dependence of universities on the public funding system. Home and EU students will now be offered a universal loan system according to which students repay his or her individual loan after achieving an earning capacity of £21,000 per annum.
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