Variable fees resurrected?
When fees were increased some years ago the government at the time expected institutions to set varying levels of fees by subject, with higher value (to society?) degrees offered at premium fees up to a maximum (now £9,250). In the event, although some institutions did try to offer courses at a lower fee rate, this may have given the impression that the course was of a lower quality than a rival’s or indeed when compared to other courses within the same institution. The result – virtually every institution charged the maximum rate.
The Prime Minister has now indicated that variable fees may once again be back on the agenda. In an interview he said that the government was looking at pricing mechanisms and possibly imposing different fee maximums for different subjects.
It is not clear whether the Augur review recommendations will be further considered in any new deliberations about fee levels (unlikely).
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When it comes to something as important as ensuring your organisation is running smoothly and achieving its goals, we know that inevitably comes with questions. Feel free to contact us with any queries or questions you might have about KCG.