The need for international students to maintain economic power is agreed upon all around the world. As a result, some EU countries are managing to let foreign students study in their countries without paying any tuition fees.
In the UK, Ryan Shorthouse, the thinktank’s chief executive, stated that the Conservative government must change its approach to young learners by balancing, both, their tuition fees and loans, and he asserted that in case of loans, students should pay smaller debts each month from their salaries. Jo Johnson, the universities’ minister, defended the UK educational system saying: “We will continue to look at the details of the student finance regime to ensure it remains fair and effective. But getting rid of fees does little to help young people: indeed, by reducing access to education, by damaging the viability of our universities, and by piling tens of billions on to the national debt, it does precisely the opposite.”
However, the Co-operative College- a British educational charity dedicated to the promotion of co-operative values, is now working on developing a co-operative university asserting that free education will give great opportunities. It is also noteworthy to mention other equivalent visions, such as the Social Science Centre, which has provided free co-operative higher education in Lincoln since 2011, and the Ragged University in Edinburgh, which is organizing free learning events.
To conclude, Student tuition fees, loans, debts, and economic power are all intermingled forcing the UK government, if not the whole world, to consider free educational systems, or at least reduce its fees for the worthy. Economics and education are the two Es that any government should build its society and labour on.