Allianz Funds

Just ahead of the November 2010 disturbances/demonstrations, Education Editor of The Daily Telegraph, Graeme Paton wrote that the cost of a degree had ‘tripled in 20 years’. That was before the increase to £9000 a year that the demonstrators were protesting about.

Paton’s figures were average £6360 a year tuition and accommodation, compared with £1545 in the late 1980s, which was higher than the rise in family incomes over the same period, taking into account parental contributions and grants/loans. The debate centred, and still does, on ‘pricing students out of university education’.

Always Complications

Figures of potential future graduate debt fluctuated wildly, depending on the side of the ideological fence the commentator was sitting. £30,000 was a modest estimate, but the British Medical Association (BMA) argued that medical graduates would be even more harshly affected, clocking up average debts of around £70,000.

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