What will be the effect on stakeholders of the proposed change in fees Dissertation

What will be the effect on stakeholders of the proposed change in fees and funding for UK undergraduate degrees - Dissertation Example Since the second half of 2010, dramatic changes have occurred in higher education (HE) policies in the United Kingdom (UK). Although recent policy reforms in higher education have not been totally unexpected, their impact has far-reaching consequences to various stakeholders. With the expansion of HE happening in most OECD countries, there has been increasing shift towards relying on fees from students and the increase in contingency student loans (Greenaway and Haynes, 2003). Government has realised the budgetary implications, and looked for solutions in countries like the United States (US) where HE is considered an individual investment. Thus, when Lord Browne pushed forward his ‘recommendations for sustainable funding for higher education’, the coalition government accepted almost all proposals (Secured Loans, UK 2010). Central to these is that the government must cease making HE part of the state’s welfare (Secured Loans UK, 2010). Trade unions lament that fu nding cuts in HE will have serious impact on the education of the students (BBC, 2010). They predict that as many as 200,000 students will miss out on higher education. Administrators also fear that quality of education will suffer, especially for taught courses in comparison with research-based universities (BBC, 2011). Question one is therefore, with all these points highlighted, why is government pushing for such policy reforms?