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Universities "accused" of running a cartel.

Universities "accused" of running a cartel.

Universities have been accused of running a "cartel" and failing to offer enough two-year bachelor's degrees, by a right of centre think tank.

The UK 2020 report argues that fast-track degrees could cut student debt.

It is backed by Labour's Lord Adonis and Sir Anthony Seldon, vice-chancellor of the University of Buckingham, which offers two-year degrees.

But the umbrella group Universities UK said uptake of existing two-year courses had been limited.

And a spokesman pointed out that official investigations have previously found that competition in the sector was largely working well.

    

"Several universities have been offering two-year, fast-track degrees for a number of years, but the demand from students has been limited under the current fees and loans system in England," said UUK in a statement.

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