Originally Posted by Dylan H
Given that the courses are going to be charged per year it will be the longer courses such as medicine and engineering that will most likely see a drop in interest. Since a medical degree will cost up to 54k purely for the course itself, not to mention the extra living and travelling expenses that such a degree entails, its safe to say that poorer students will be discouraged from applying. Instead we'll see a move back to how things were before with merely the already well off being able to contemplate studying medicine.
As for the effect on engineering, for a country that supposedly wants to boost manufacturing in order to wean itself off the financial sector in the future, discouraging students from studying that discipline seems to indicate a lack of foresight to say the least. Maybe we can import engineers in the future, if only there wasn't an immigration cap...
In fact I foresee an increase in the number of 'useless' courses you describe, after all they are far cheaper for the universities to run and are therefore more profitable as well as being more affordable for students.