Each undergraduate costs England’s leading universities nearly £2,000 as tuition fees and teaching grants fail to fully fund a degree, and that amount is likely to double soon unless the government acts to fill the gap.
A submission by the Russell Group of research-intensive universities – including the University of Manchester and University College London – to a consultation on higher education funding revealed that the average cost per student was £1,750 more than they receive in tuition fees and teaching grants.