Sensation! Experts find that increased prices reduce demand!

From today’s Guardian:

The increase in tuition fees to a maximum of £9,000 a year has led to a “clear drop” in the number of English students applying for university places this autumn, an independent analysis of the impact of the coalition’s controversial reform has found.

There are 15,000 “missing” applicants who might have been expected to have sought a place on a degree course this academic year but did not, according to the Independent Commission on Fees.

Well, you don’t say.