Theresa May admitted students overcharged at English universities

Theresa May has outlined changes to English university education and tuition fees in a speech in at a college in Derbyshire this afternoon.

The Prime Minister announced an independent review of university tuition fees and student finance, after admitting the system in England is one of the most expensive in the world.

But Mrs May did state that scrapping fees altogether could be bad news to taxpayer and would mean a return to the limit of University places available.

However, this comes as a significant U-turn in government policy on tuition fees, after abolishing maintenance grants in 2017.

Earlier this week, the new Education Secretary Damian Hinds suggested students studying arts and social science degrees should pay less than students studying STEM subjects (science, technology, engineering and maths).

Speaking on BBC’s The Andrew Marr Show yesterday, Mr Hinds said there needs to be “more variety” in degree pricing, and that students should get better value for money when it comes to education.

The maximum English universities can charge for tuition fees is currently capped at £9,250 and is usually the price of most degrees.

Labour have criticised the government’s stance on university tuition, saying they would abolish fees and re-introduce maintenance grants.