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Miss Richardson
asked the Secretary of State for Education and Science whether she will outline the calculations upon which proposed savings of £28 million are to be made as a result of the increases in tuition fees which she announced on 26th November 1976.
Mr. Oakes
The estimated savings of £28 million, at 1975 survey prices, resulting from increases in tuition fees in 1977–78 were calculated as follows:
£ million | |
Extra fee income from self-financed students | 22·3 |
Resource cost savings attributable to assumed reduction in total student numbers | 5·7 |
Total Estimated Nett Savings | 28·0 |