|Sector:||Economics of Education | Education and Labour Markets | Higher education | Labour market economics | Labour markets|
|Published:||12 March, 2014|
|Document type:||LE publication (working papers and economic briefs)|
|Tagged:||analysis of economic developments cost-benefit analysis impact assessment modelling quantitative analysis UK|
London Economics’ 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.