I think a lot of you are completely misinformed, so lets go back to square 1 and set the scene.
They're rioting for various matters, increasing tuition fees to £9000 a year, cuts to EMA (free money for students whose parents earn less than £30,000 p/a), false promises from MP's e.t.c e.t.c
Nick Clegg pledged to his voters, that he and his fellow liberals would not support an increase in tuition fees and would vote against it. Since the Government is a coalition, Clegg has less of a say and cannot employ all his policies, as David Cameron's Conservatives had the majority of the vote. The Conservatives have employed their education policies, which have been incredibly unpopular amongst students.
Cuts to education are severe, arts, humanities and social sciences are having funding pulled completely, so the Universities have to scrape the money themselves to fund these courses, thus having to raise the fees. I'm in the University system and the chances are in my final year, i'll be paying 7, 000 instead of 3,000...boo-hoo, i'll get over it.
People are angry because Clegg lied. People are also frustrated because EMA is being cut; i personally detest EMA and think it's a complete joke, no kid should be given £30/$40 a week and the majority (not all) spend it on alcohol, drugs, lifestyle choices and clothing. It's ridiculous.
But basically you've got two camps of protesters; one camp are genuinely concerned for their education and are campaigning because they cannot afford the higher fees, then you've got the other camp who consist of anarchists and anti-establishment individuals looking for violence and moaning because they won't get paid to turn up to college...
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