Last month, universities in England announced a tuition fee increase above the £9,000 limit for UK nationals registering for an undergraduate degree in 2017. If, like many, these students decide to pursue a Masters degree afterwards, the bill rises to well above £30,000. These are just the tuition fees; if one is interested in the full cost of higher education, then living costs (currently estimated to reach at least £300 per week in London) need to be added. A student registering for a four-year degree next year will thus face total costs in the region of £45,000; however, students who borrow the maximum amount for tuition fees and living costs will end up with a £53,000 debt after just three years of study.
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