It could be worse…this article from the United States from a few years ago may give food for thought. A guy lived in his car for two years to pay off his student loans.
https://www.bkmag.com/2015/08/26/how-to-pay-off-student-debt-live-in-your-car-for-two-years/
About 12 years ago, I paid off 68K in US dollars of student loan debt…the amount was high as I earned two graduate degrees. If I defaulted/didn’t pay, bailiffs could have been sent in and repossessed my car and belongings.
There is also no income threshold in the USA for repayment of student loans…I had to pay immediately after graduation.
Whilst IMHO, university fees should not exist whatsoever, at the least if your DC don’t make a high income, they won’t have to pay their loans. It might be small comfort, but it is more humane than the American system.
I also might offer that the slight increase in fees in no way will make up for NI increases as well as the foundation year drop in tuitions, and the drop of international students. And of course we have inflation. I think it may be more of a ploy by the government to keep the universities quiet or for them to look like the government is doing something. Most university lecturers are making about 25% less money per year in real terms than they did in 2014; this latest increase in tuition will not reach them. I am thankful every day I retired from higher education.