The price of an undergraduate degree - recap

Some time ago I posted on the issue of setting a price for an undergraduate degree programme - BA/BSc etc: The price of an undergraduate degree - Oxford and Cambridge will charge £9,000. The BBC has now produced a table of UK institutions and prices: Bath latest to charge £9,000 fees

As you can see, almost all of those institutions are charging the maximum possible - though a couple have set a range.

The one exception is Bishop Grosseteste, Lincoln: Welcome to Bishop Grosseteste University College
This isn't a well-known place to study. When you see their fees as being lower than elsewhere - what is your emotional/instinctive reaction to them and what they might offer you? If you try and think about it objectively - have you been fair?

Here is the statement from BG on why/how they set their prices: BG Announces Tuition Fees For 2012

The statement in full. Highlighting mine:

Bishop Grosseteste University College Lincoln (BG) has reached a provisional decision on the tuition fees it will charge students when the new Higher Education funding system comes in from 2012. For the majority of BG's courses the annual tuition fee will be £7500, subject to Government approval. Announcing this decision the University College stressed that it would continue its efforts to ensure students could attend regardless of family income.

Announcing the proposed charge Principal Muriel Robinson said "we have decided to play this straight with students and charge them the real cost to us of providing their courses. We are not trying to send messages about our quality or how we see ourselves relative to other providers. We are setting a fair fee. Our excellent track record in relation to quality, student satisfaction and employability means we don't need to play games with the fee we set. We recognise that this is a substantial increase in fees, but people considering coming here to study should remember that they won't have to pay the tuition fees while they study - they will receive a Government loan."

The University College stressed that the decision was not yet final - like all Higher Education Institutions BG will require the approval of the Office for Fair Access for the fee it intends to charge.

Professor Robinson added "we have an excellent record in encouraging students from all backgrounds to go on to Higher Education if they have the ability. We will continue to invest in reaching out to prospective students from lower income families and supporting them if they come here to study. Our strong financial position allows us to charge a fair fee despite changes in the Government funding system."

Now what do you think about them?