1. Student Finance and University Fees
Two years ago, the UK government raised the cap on University fees from about £3,000 to £9,000. ... A consequence of an increase in the cap on university fees from £3,000 to £9,000 would be a decrease in demand for university places. ... However, how much demand drops for university places will all depend on the price elasticity of demand. ... No provision of bursaries to study at university would have made studying at university a luxury and not many people would want to go and so demand would have fell. Furthermore another special feature is that there are not many ot...
- Word Count: 997
- Approx Pages: 4
- Has Bibliography
- Grade Level: Undergraduate