University places restriction lifted and funded by student loans sell-off

By Randeep Ramesh. Chancellor says end of 'cap on aspiration' funded by selling loan book, but critics question sustainability of annual £700m needed. English universities will be able to take as many students as they want from 2015, after the chancellor said the limit on places would be abolished – leaving critics to question how the expansion would be funded in the long-term, with potentially damaging implications for the arts and humanities. More...