For those who may have missed the tuition fee hike proposal, it marks the latest attempt to open up education to everyone by making it affordable by no-one, except perhaps Chancellor Osborne’s personal trust fund. Parents can now enjoy the prospect of helping their children pay £10,000 a year not to attend lectures. Since this represents about the same cost of schooling at Osborne’s alma mater for one year, I’m sure Gideon considers this a perfectly reasonable sum to find. You don’t have to be heir to the 17th Baronet Osborne to afford it, but it sure as heck helps.
The hoary old argument wheeled out every time this subject comes up is essentially reduced to money. Graduates, taken as an average, earn more than non-graduates, ergo they should pay for their golden ticket before they've even got a job. QED. Leaving aside the rather un-Thatcherite nature of this approach – where’s the incentive to earn more if the government will only take it off them in fees? – this argument seems to me to have two key flaws.
First, there is the paradox of wider university uptake. The reason we need to pay more is because more people are coming into the system. This is undoubtedly true, as more professions demand a degree as an entry requirement: social workers, nurses, teachers – all once could attain their chosen vocation through on-the-job training and night school qualifications. No more – it’s the full three years if you want to do any of those jobs. Before long English graduates will be competing for those jobs in McDonald’s with undergraduate BScs in Burger Rotation Management. As you widen the pool of potential professions that require a degree, you drag down the average earnings of graduates – for how long will the statement remain true that a degree is the meal ticket to top tax bracket earnings? Before long you’ll need one just to sign on.
Second, let’s assume it is true – graduates earn more money. What an outrage. Those selfish, self-bettering, hard-working, economy-powering bastards, who do they think they are? Doctors pushing themselves through 7 years of medical school to spend their days just making people better, and all to earn more money. Those sponging parasite engineers who build the technology that drives the economy – scumbags the lot of them. I’m shocked to think that while we train a new generation of minds to solve tomorrow’s problems and make our lives better, they might earn money doing so. They should do it for nothing and be grateful we let them get drunk for 3 years.
The one way of testing out a direct link between earnings and your degree, of course, would be a graduate tax, something the government has ruled out. While fees remain the financial driver, the best universities will charge the most, attracting those who can best pay in the short-term, not through their lifetime earnings, based upon their contribution to the common wheel. The new level playing fields of Eton.