Education Subsidy IA example 2.pdf - Tuition fees MPs debate petition urging cut to \u00a33,000 27 November 2017 A petition calling for student tuition fees

Education Subsidy IA example 2.pdf - Tuition fees MPs...

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Tuition fees: MPs debate petition urging cut to £3,000 27 November 2017 A petition calling for student tuition fees to be cut by nearly 70% to £3,000 has been debated in Parliament. It argues the maximum annual fee of £9,250 in England will leave students in debt and put people off enrolling. The online petition attracted 164,166 signatures, meaning it has to be considered for debate by MPs, one of who, Labour's Mike Hill, lead it. Ministers have announced a review of student funding after it became a major issue in the general election. Labour, which first introduced tuition fees in 1998 and increased them to £3,000 in 2006, are now committed to scrapping them. The government has said it has responded to concerns about the burden on students by increasing the earnings threshold at which many graduates have to start repaying their loans from £21,000 to £25,000. The maximum amount that universities can charge, which was due to rise to more than £9,500 next year in line with inflation, has been frozen while the current 6.1% interest rates on loans is to be re-examined. Monday's debate on tuition fees, which took place in Westminster Hall, will not change policy but it gave MPs a platform to discuss one of the most politically charged issues in England. Originally launched in 2016 - when the maximum fee was £9,000 - the petition was selected for debate by the petitions committee of MPs, after it secured the 100,000 signatures needed to be considered. The petition states: "University fees are rising more and more. £9,000 for university fees is too high and the stress of being in debt is what puts individuals off applying for a degree. "Now that grants have been removed it makes it difficult for families who need financial support but can't get that anymore." Maintenance grants for students were abolished in 2015 and replaced by loans, which led to claims that some students starting university this year could emerge with an average debt of around £57,000.
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