Funding model for UK higher education is ‘broken’, say university VCs

Vice-chancellors urge review of tuition fees in light of caps on overseas students and rising costs

Vice-chancellors are warning the current funding model for UK higher education is “broken” and have urged the government to review the system of tuition fees which have been capped at about £9,000 for more than a decade.

They have made clear that limits to overseas students announced last week on top of rising costs caused by inflation posed a serious risk to universities which would require more funding from government.