But the latest announcements that some English universities may choose to offer bursaries to high achieving school students show just how policies can go wrong. the government has been encouraging universities to provide support for students as part of a commitment to widening access. But given the veracity of research showing that those form higher socio economic backgrounds have higher achievement levels in schools, the impact is going to be to reduce access to students from working class backgrounds and acerbate socio economic divides rather than widen access.
The government is also promoting STEM subjects, Science, Technology, Engineering and Maths. However in the present cash strapped situation, following government finding changes, universities may well choose to reduce provision in subjects such as science which require expensive resources and instead promote courses such as management studies which are relatively cheap to offer.
Of course the article is right in stating it will be very difficult to recover loans from students in other European countries. Personally I doubt their will be a flood of incoming students. Firstly the reputation of English universities is falling fast. And secondly most European countries offer free or low fee courses. But even the previous fees regime was seen by most students as unjust and as such the avoidance of fee repayments is seen as socially justified and acceptable.