A graduate tax: would it work?

economics-of-education||106education||0
Sector: Economics of Education | Education
Client: N/A
Published: September, 2010
Document type: Report 
Tagged: quantitative analysis England

London Economics were commissioned by million+ to consider the options surrounding a graduate tax as an alternative to the current system of fees and loans available to students. The analysis illustrated that a 1% graduate levy on earnings in excess of £15,000 achieved a cost-neutral impact for students/graduates, institutions and the Exchequer compared to current student support arrangements. The analysis also considered some of the practical challenges associated with the implementation of a graduate tax and was presented to university Vice Chancellors in September 2010 at the Universities UK annual conference.