Lords cut through TEF ‘nonsense’

The points here are somewhat undermined by the fact that Scottish universities have no financial incentive to enter TEF, as it will not enable them to raise fees (I suggest that may be the reason for their solidarity, rather than their QE system). The broader issue is the fact that the TEF would allow fees to be raised, at most, in line with inflation, which is not an increase in a real sense: it just stops the decline in the real terms value of fees, a decline which means fees are already worth only £8200, and were projected to drop below £7500 over the next three years, even on the (much lower) pre-Brexit RPI-X forecasts.