Thursday, 17 August 2017

The Telegraph/Camilla Turner & Steven Swinford: University tuition fees are a 'pointless Ponzi scheme', Theresa May's former chief of staff says

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University tuition fees are a 'pointless Ponzi scheme', Theresa May's former chief of staff says

By Steven Swinford, Deputy Political Editor Camilla Turner, Education Editor

17 August 2017 • 6:54am

University tuition fees are a "pointless Ponzi scheme" which are "blighting young people's futures" and must be radically reformed, Theresa May's former chief of staff says today.

Nick Timothy writes in the Telegraph that the “university gravy train”, under which vice-chancellors are paid up to £451,000 a year, must come to an end as he warns that “tinkering” with the system will not do.

More than 200,000 students receive their results today – the first to have done their A-levels since Michael

Gove, the former education secretary, brought in tougher tests in a bid to raise standards.
Former education secretary Michael Gove
Former education secretary Michael Gove Credit:  REUTERS

However, results are now expected to be similar to last year after grade boundaries were lowered amid concerns that pupils could miss out on university places.

Mr Timothy, seen as the driving force behind Mrs May’s grammar schools policy, says that the university system has become “unsustainable and ultimately...
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    Students
    Theresa May
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