This year is the first that the university tuition fee cap was almost tripled to £9,000 and official statistics have shown that 50,000 fewer students applied to study in British universities.
How does this compare with the US?
This graph, from the FT Alphaville Tumblr, suggests that as the cost of living in the States doubled between 1984 and 2011, US college tuition fees increased sevenfold.
Education for the elite?
"Forget costly UK universities. Go to America" - read more on thetimes.co.uk