As I may have mentioned in passing, the government has a nasty little scheme to reserve 20,000 student places for universities which promise to charge £7500 or less, considerably below the £9000 that most universities have decided they need.
The drawbacks are obvious: corners will be cut, in class sizes, staff qualifications, marking time, equipment, buildings, administration - no doubt to be outsourced - etc. ad infinitum. And of course it means expensive courses (lab work, travel etc.) won't be done.
These institutions will gain a reputation as bargain basement, pile-em-high places.
And it looks like we're going to be one of the first. Oh joy.