Control fees or we cut funding, universities told
In a direct warning to vice-chancellors, the Government said it would be forced to slash university budgets to cover the increased cost of student loans.
David Willetts, the Universities Minister, insisted serious pressure would be placed on the public purse if institutions attempted to “cluster” fees at the maximum possible level.
The comments come just days after Imperial College London became the first university to formally declare that it wanted to charge a flat rate of £9,000 for degree courses …