Tuition Fees: More About Oxford

Welp, turns out I was slightly mistaken about the wealth of Oxford University. Our special correspondent Sarah Barrett (aka Saz) has the inside scoop...

"Oxford certainly could NOT survive without its students, as it barely is with them, and is currently in massive debt, especially colleges which don't have massive traditions of 'old boy' networks to keep them... alive on private donations. Hence why certain representatives are fairly keen to see tuition fees rise, and why we love International students so much especially at postgraduate level (they pay higher fees). However not all the dons want higher fees, in spite of the fact currently on average Oxford falls short of about £8000 per undergraduate.

What is the real problem is the government's ridiculous idea to more or less cut funding from all of the Arts, and only provide for what they deem 'valuable' ie the sciences (and i suspect only really physics and chemistry), engineering, medicine and 'some' modern languages."

Oh those poor Internationals. "We don't hate foreigners if we can exploit them", you might say. And how on earth is Oxford falling short of £8000 per undergraduate? It's a bit cheeky of Universities to tell you how to "manage your debt" when they can't do it themselves. If I'm correct, that's a debt of... (multiplies 8,000 by 300) about £2.4m per college. YOWSERS.

Incidentally, this article from 2004 on how neck-deep in debt Oxford is does explain a lot, and also explains how colleges are actually run as financial organisations. Who knew, eh?

Whilst we're on the topic of Oxford and politics: if Bigotgate didn't humiliate Gordon Brown enough for you, the Laura Spence Affair almost certainly will. Ye daft cloon, Broon...

The Evening Stanners