University fees were £9000 in 2012. There's been high inflation since then, so in real terms that was worth the equivalent of £13,500 now.
But current fees are only £9,535. That's a 30% decrease in real terms.
That's the root of the University funding problem. Propping it up with ever-increasing international students (taking a cash handout now in return for selling out our future) is unsustainable.
We need to reduce the number of students going to university to do pointless degrees by improving non-University options. Have a smaller number of higher quality degrees, which are actually worth students forking out higher fees for. And potentially also increase direct grants from the government to universities, only when the decrease in numbers and increase in educational quality actually makes that a worthwhile state investment.
Tony Blair was wrong, frankly.