Is a degree worth the money?

Emma Woollacott
Graduates throwing mortarboards
Graduates throwing mortarboards

Last month, official figures revealed that the average fee at UK universities will hit £8,700 next year, bringing the cost of a three-year degree to over £26,000.

According to the Office For Fair Access (OFFA), three quarters of universities are now charging the maximum £9,000 per year for at least one course. And that figure could rise even further: earlier this month former education secretary David Willets said he had been in talks with Oxford and Cambridge about the possibility of allowing them to increase their fees to as much as £16,000 per year.