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The future, when and if caps on fees are lifted, will look very different.
Other elements included removing caps on fees and cutting course subsidies by an average of 20% from 2016.
It is silent on whether to impose similar caps on fees for data, for which charges are unregulated and can exceed 3 euros for each downloaded megabyte of data.
The 9/11 fund included no caps on fees, but members of the Judiciary Committee say they are troubled that some lawyers are charging contingency fees for an application process that shouldn't even require a lawyer.
O'Shaughnessy called caps on fees and limits on refinancing "detrimental to [his] business" and also explained that he thinks borrowers choose short-term loans because they are transparent.
Similar(53)
Crucially, there is to be no cap on fees.
Then came the cap on fees for auto-enrolment pensions.
The revision also puts a cap on fees paid by suppliers to retailers.
In 2012 amid noisy student protests the government raised the cap on fees from £3,300 to £9,000.
The independent review recommends that the current cap on fees of £3,290 a year be removed.
Unlike British and other EU students, there is no cap on fees for overseas students.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com