Something all the parties seem to be very ignorant to is that the student loan isn't enough for most students to live on, accommodationfees frequently take up most or all of a student loan, and even when they don't you certainly can't afford more than 2 text books a year before having to work or borrow extra money.
For parents, it would mean that in financial terms, sending a child to university would be similar to their being in the sixth form at school or college, with the family typically providing accommodation but with no fees for tuition.
Hotels of all kinds in London and New York must pay very substantial fees and taxes in order to provide accommodation and accommodation services and they have to have specified certificates in place to meet various fire, health and safety and consumer regulations.