There has been much controversy over the government’s plans to lift the cap on university tuition fees. Ministers have voted to allow universities in England to charge tuition fees up to £9,000 per year. Following recommendations by Lord Browne — who led the independent review of higher education funding — this measure comes in light of budget cuts to aid the national economy and UK budget deficit. However, has the government made the market for university education more accessible to practise third-degree price discrimination?
As economics students, it is always good to question the way in which price discrimination can be carried out in various markets, and as such whether the market for higher education could practise price discrimination.
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