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Tuition fee rise 'forcing parents to save more'

The prospect of university fees rising to £9,000 a year is prompting parents to save more for their children's education, research suggests.

The rise, which will apply from September 2012, is the main factor behind a rise in savings in recent months, according to ING Direct, which questioned 1,300 adults.

It said 23% of parents were saving more or setting up university accounts.

The BBC's Simon Gompertz reports.

  • 09 Feb 2011
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