I'm getting a lot of queries about planning for grandchildren's university fees. ( Isn't everybody?)
The cost of putting a kid or two through university is obviously a bit of a moving target , but I'd still like to do some fuzzy sensitivity analysis (ok 20 minutes with a spreadsheet) to see whether my clients are likely to be on track.
I've got basic current cost figures and my IFA is sorting out growth figures and inflation rates.
However, does anyone have a view as to what the price rise pattern for university fees is likely to be ? Private school fees were notorious for rising faster than RPI in the past but obviously university fees are going to be a bit different because the universities aren't free to increase prices over £10K unless the government lets them. .