University education: a £10k salary boost for the price of three flat whites?

The tragedy is that it was all so predictable from the outset. But it is even worse than he sets out. When fees were allowed to increase to £9,000 (and paid by students) the average cost of teaching was about £6,000 (setting aside grants for some high-cost subjects). So, in a time of austerity, there was a bonanza. More...