A lesson in funding for universities

Anyone with dependents who are considering going to university has now been forced to confront the issue of how they will pay for it, as whatever the final cost of ­tuition fees and living expenses, there is likely to be a hefty price tag attached. Although there has been a great deal of argument and debate about what the increase to university fee funding will mean for students and their families, the controversy has often obscured the facts. So it is important to shed some light on what is likely to happen. Assuming that the bill to increase university fees becomes law, from Septemb...