I think I sort of understand where the government is going with these plans. I don't necessarily think it's a terrible thing, though I do have misgivings.
Now, universities can charge anything up to 6000 or so pounds, or 9000 with heavy schemes to let in disadvantaged students. What that's going to mean is that academically less respected universities will no longer convincingly be able to take students at a 6000 pound level. If it's a case of that amount of debt, or not going to university, I assume many people from lower-class backgrounds will not go. So these universities will have to lower their fees down to attract these students. Though there will be a cap, this will allow top universities to charge the 9000 pound rate, but the most academic lower class students will be able to attend via these access schemes which presumably will include more government subsidies.
I believe that this will place some universities in a stronger position, and will probably be a good thing for those who have different aspirations than academia. It will probably see a growth in universities acting more like polytechnics once did.
However, I think the loss in funding for some of these universities, being 'priced out' of the equation (offering a higher price than similar competitors) could even cause the collapse of one or two.
But we haven't even met!