Practice area: | Economics of Education | Education and Labour Markets | Higher education | Labour market economics | Labour markets |
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Client: | N/A |
Published: | 12 March, 2014 |
Keywords: | impact assessment modelling quantitative analysis |
London Economicsā Research Brief considers the costs of the higher education fees and funding reforms in England. In this analysis, the term “break-even” refers to the point at which the estimated costs to the Treasury resulting from the 2012-13 higher education reforms have the same long run economic cost as the fees and funding system that operated in 2010-11. We estimate that if the Resource and Accounting Budget (RAB) charge increases beyond 48.6%, the economic costs of the recent HE reforms will exceed the costs of previous system.