Tuition fees could be ‘slashed to £7,500’ a year under Government plans, report says

‘Cuts to tuition fees that would save students at least £5,000 over a three year course are being considered by the Chancellor, it has been reported.
Philip Hammond is looking at capping annual charges at £7,500 instead of the current level of £9,250, according to The Sunday Times.
The reported move comes amid concern from Conservatives about their low support base among young people, who voted for Labour in huge numbers in the June election.
The government has come under intense pressure to ease the burden of student finances after warnings that most graduates will never clear their debts.
Universities have also faced a wave of criticism for paying out staggering salaries while those signing up for courses are plunged tens of thousands of pounds into the red.’
Read more: Tuition fees could be ‘slashed to £7,500’ a year under Government plans, report says