Re:The University Has No Clothes
by Lewisham on Sunday May 22, 2011 @01:27PM
(#2573699)
Yes, it is incorrect to assert that overseas students pay the "real cost". They pay as high as the market will take. The real cost will be somewhere in the middle.
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From speaking to someone on the board of a major UK uni, the funding provided is something like 11k, if I recall correctly. He added that if the uni opts for the 9k fees then the overall funding provided by the government in advance would jump up to 14k (presenting a cash flow problem for the government in the short term).