The idea is to allow the more high-quality teaching establishments to charge more, ensuring that only the richest people go there and that only they can afford the best lecturers.
So the UK would end up with a two-tier further education system.
This is a far cry from what Mr Osborne promised in a letter to a constituent, back in 2003.
In a letter to former constituent Rosy Williams, he wrote: “When I was at university 10 years ago, my education was free. Since then, the government has imposed fees, which mean that most students today pay more than £1,000 a year to go to university.
“Now they want to go further and introduce so-called ‘top-up fees’, which will mean students paying £3,000 a year for their education. To my mind, this is a tax on learning and is very unfair.
“The Conservatives have just announced that we will scrap tuition fees altogether when we are next in government. Education will once again be free for students.”
In fact, when the Conservatives returned to government in 2010 alongside the Liberal Democrats, they increased tuition fees to three times the amount in 2003.
This was a breach of a pivotal Liberal Democrat election promise, meaning it is highly unlikely that Nick Clegg or Danny Alexander proposed it.
Was George Osborne lying, back in 2003? The answer may seem obvious, but…
Let’s just see if he’ll come out from under his rock and explain himself.
Jeremy Corbyn has launched a campaign to stop David Cameron lifting the cap on university fees, starting with a petition and the hashtag #ToryPriceTag.
The Labour leader said his party would offer no support for the proposals published this week, which could involve linking what institutions can charge to the quality of their teaching.
Corbyn would like to abolish tuition fees by raising £10bn of taxes on high-earners or businesses and promised to work to stop the limit of £9,000 being scrapped.
Speaking in the Commons, he said: “Students today are more in debt than ever. I want to make it clear to the prime minister that he will not get any support from these benches on raising tuition fees.”
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