BRITISH university students will soon be able to complete an honours degree in just two years, it was reported today.

The Government is looking at introducing an American-style system of degree credits to allow undergraduates more flexibility in completing their studies.

The proposed more intensive, shorter degree courses would allow students to graduate with less debt.

Higher Education Minister Bill Rammell said the reforms would help undergraduates finish their education at their own pace.

By 2012 half of new British jobs will require a degree but the proportion of people entering university has stalled below the government target of 50%, he added.

Mr Rammell said: "For many young people the traditional three-year degree allowed for a range of experience of immense personal value.

"But just because a model fits some people well doesn't mean it fits all and increasingly we live in a world where people expect that service providers will have scope to offer flexibility, not uniformity."