I recommend my students where to go based on what I know of the student, and also their character, and their future goals. I have come in for a lot of stick for encouraging my students not to stay with us, despite favourable fees, in favour of broadening their exposure to alternative viewpoints and opening up a greater number of choices for them. This year, I have 2 applying to Cambridge, 3 for Oxford, 1 for Salford, 1 for Manchester, 1 for Liverpool, 1 for LSE and 2 for Edinburgh (we are post-92, with a disproportionate number of students from low-income families).
Obviously, at this stage, we don't know about Oxford and Cambridge, as those have only just closed, but essentially, the other universities will offer places to pretty much anyone, despite what they're blurb says: this is why so many now ask for a) a fee on application and b) a fee to hold the place within a month of the decision. Master's programmes are, in essence, free money for the university - the staff are paid for through the block grant that comes out from HEFCE, so it's nearly all "profit". So they talk about high 2:i and all that, but in practice, it means little. In the same way, overseas students can pretty much have any place they want. One thing it's vital to remember is that Professor X who's the world authority on such and such a topic, whose books you've read repeatedly etc etc is almost certainly not going to be teaching you: I've worked in places where the "big names" are used as the draw, but in fact, the reason they are big names is because they are round and about speaking at conferences, have huge research grants to write books and generally are not doing the daily university business: one place in particular, there was a certain (absolutely delightful) prof who brought in about 20 overseas students every year who wanted to study with him - he'd see them, on average, twice a year. (For comparison, we are contractually obligated to have supervision with our PhD students every month at a minimum) This is why, as a PP said, speaking to the current students and recent graduates is so helpful and important.
Molio I think what you need to remember is that MA fees have always been something of a struggle for people to find - and now that the market sets the rates, that will only continue. I had a student last year choose an Oxford course over a Durham course, because the Oxford one was "only" £1000 more expensive - but s/he felt that this was a worthwhile investment given the relative values of the final product for the field s/he was intending to go into (and is now having a brilliant time at Oxford).
I don't know whether it will still be possible, with the new loans for people to apply for Career Development Loans - though I'm sure your daughter's tutors will have already discussed this with her.
The other possibility, as someone else pointed out, is studying part-time, and taking two years to complete: this is often the reality for someone who is committed to further study but lacks the funds to enable them to do so. (Oxford used to make you sign an agreement that if you were doing an MSt, you wouldn't take paid work, but I believe this is no longer the case) I worked full-time hours whilst doing an MA (early morning cleaning in two places, plus the annual fundraising campaign, plus a full day of the work I originally qualified in on one day a week) but it was very tough, and I missed out on a lot the social side - which can be important at MA level, since seminars etc often continue after class in the pub or coffee shop - and I had very little money to do things like go out for supper etc so I wouldn't recommend it in general, and definitely not if the student isn't academically exceedingly strong: I was studying a discipline I hadn't studied before, and though it was fine, it was very hard work and extremely stressful, to put it mildly.
In my institution, this year's bursaries were actually aimed at those from lower income families: they had first priority in the event the scheme was over-subscribed. Ours actually was - but seems to have been the only one in the country that was - with the result that one of our current Master's students didn't get a bursary at all, because she was on full 9k fees. She is the only one of this particular cohort without a bursary, and is self-funding as a result: she doesn't have wealthy family or savings - she's just part of that much-maligned and discriminated against group, the squeezed middle.