Higher education funding in England: do the alternatives add up?

economics-of-education||106education||0higher-education||106
Practice area:Economics of Education | Education and Labour Markets | Higher education
Client:N/A
Published: May, 2013
Keywords: modelling quantitative analysis

Amid questions about the sustainability of the Coalition Government’s reforms to higher education funding in England, a new report from the university think-tank million+ and London Economics, Higher education funding in England: do the alternatives add up? reviews the costs and benefits of two alternative funding proposals that have been put forward. The first alternative involves lowering fees to £6,000 while the second alternative involves a new graduate tax system in which no fees would be levied and graduates would contribute to the costs of higher education based on a stepped proportion of their earnings. The full report and analysis detailing the resource flows between higher education institutions, the Exchequer and students/ graduates is available here.