UNIVERSITIES are to supply fast-track levels which can depart college students as much as £25,000 higher off.


New two-year programs can have the identical qualification and high quality as the usual three-year examine.


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College students who join an accelerated diploma can pay a fifth much less in tuition charges[/caption]


Those that join an “accelerated diploma” can pay a fifth much less in tuition charges, saving them £5,500 plus a 12 months’s housing and dwelling prices.


When added to the typical wage of £19,000 for a brand new graduate, it may ship a possible good thing about £25,000.


It will likely be welcomed by 1000’s of teenagers from poorer backgrounds who’re keen to begin work and earn a wage.


As a trade-off, universities will likely be given the go-ahead to cost as much as 20 per cent extra a 12 months for a shorter diploma course.


The brand new price limits, set out within the Authorities’s response to the session revealed tomorrow will likely be topic to parliamentary approval.


Getty – Contributor

Universities may also be given the go-ahead to cost as much as 20 per cent extra a 12 months for a shorter diploma course[/caption]


Universities Minister Sam Gyimah stated: “Accelerated levels not solely make it attainable for the subsequent era of scholars to entry greater schooling and the plain monetary, tutorial and private advantages it has to supply however drives the sector to supply dynamic decisions that serve college students’ wants.


“Suppliers will have the ability to faucet into a brand new market of scholars, significantly mature college students and those that commute, who had been beforehand locked out of upper schooling.


“This provision creates a brand new area of competitors that delivers for college kids, taxpayers and employers.”


Considerations have been raised in regards to the impression shorter programs may have on points similar to college workers contracts and analysis.


College students selecting accelerated programs must work extra intensively, whereas their holidays could be considerably shorter than on conventional diploma programmes.


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Universities Minister Sam Gyimah stated suppliers will have the ability to faucet into a brand new market of scholars[/caption]


Chief govt of the Russell Group, which represents 24 UK universities, Dr Tim Bradshaw, stated: “Higher selection for college kids is all the time good however I’d warning ministers in opposition to over-promising.


“The Authorities’s personal projection for the possible take-up of those levels is modest and we truly hear many college students calling for four-year levels, for instance, to spend a 12 months on a piece placement or learning overseas.


“I wouldn’t need deprived college students to rule out a standard three-year course as a result of they didn’t consider they may afford it.


“Upfront assist with dwelling prices is offered and graduates repay their pupil loans based mostly on their earnings.


“Doing a extra compressed diploma additionally reduces the chance for part-time work, probably growing short-term monetary strain.”


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Considerations have been raised in regards to the impression shorter programs may have on points similar to college workers contracts[/caption]


The Accelerated Levels Authorities session, which closed in February, stated: “Our aspiration is for the variety of college students enrolled on accelerated diploma programs to construct over the subsequent decade to round 5% of the full undergraduate inhabitants, and for an extra 100,000 college students to have studied on this foundation over that interval.”


Matt Waddup, head of coverage and campaigns on the College and School Union, stated: “This isn’t about growing actual selection for college kids, it about permitting for-profit firms to entry extra public money by means of the coed loans system.


“Accelerated levels will shortly turn into devalued however the authorities exhibits no indicators that it understands this.













“As a substitute of gimmicks which threat undermining the worldwide status of our greater schooling sector, the Authorities ought to deal with fixing the underlying issues with our present pupil finance system, which piles money owed on college students.”


Shadow schooling secretary Angela Raynor urged the Tories to scrap tuition charges, which had been launched by the final Labour authorities.


She stated: “As a substitute of accelerating annual tuition charges, the federal government must be matching our pledge to abolish them solely.”



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