There are three things that particularly scare me about this proposed change.
1. Education for those with money -
Poorer students will find it harder to get into university. Whilst there will be safeguards in place it will be students with rich parents who will be able to afford a higher education and not those with lower middle-class or working class families. University educations are no longer the preserve of the elite, they are becoming increasingly essential in an ever-competative job market. I fear it will be the case that people from poorer families will suffer not only due to having a lack of opportunity for further education, but suffer in the job market as well.
2. They can charge what they decide -
This frightens me. Whilst I there will surely be an upper limit in place not all universities will charge the full amount possible, it would be unviable. Universities will still need to attract enough students to pay for the courses. But what is to stop the top universities from charging the full amount possible? It would lead to Oxbridge and universities of its ilk being able to charge a considerably higher amount than less popular universities as they know that no matter what they charge there will still be students queuing up to study at their establishments. This will naturally lead to those better off going to the better universities. I fear this particularly as not only will it be more difficult for a less well off prospective student to be able to afford a university education, it will also be more difficult for them to afford choice in their establishment and potentially a better education. Do we really want a situation where richer people are better educated?
3. We have been lied to -
By 'we' I mean students. There was a huge push by the Liberal Democrats about abolition of tuition fees in the election campaign and it convinced a lot of progressive students to vote Lib Dem. They abolished them in Scotland and they claimed they intended to do the same in England. However it now appears not only have they rescinded this promise now that they are in government, but they are actually going in the other direction. Vince Cable can claim that they 'need' to do it due to the debt they have 'inherited' from Labour, but the simple truth is that they don't. The coalition is hell-bent on cutting quickly and ruthlessly. Cuts do need to be made, but not to the extent that they currently are. Our credit rating is good, we do not need to balance the books. Remember John Keynes? He was the one who showed that the books do not need to stay constantly balanced. Blame him if you like for the debt, but do not forget that Keynes was not Labour, he was a Liberal Democrat.
All in all it is frightening. English students, come up to Scotland.