Impact of the ONS Review on the Deficit – December 2018

education||0higher-education||106labour-market-economics||106labour-markets||106
Sector: Education and Labour Markets | Higher education | Labour market economics | Labour markets
Client: N/A
Published: 10 December, 2018
Document type: Report 
Tagged: 2018 education EU higher education modelling quantitative analysis UK

On 17th December 2018, the Office for National Statistics is expected to publish its recommendation on its review of the National Accounting treatment of student loans. This guidance will have significant consequences for the possible recommendations of the Augar Review, as well as the ability of the Government to implement any of those recommendations. Given the potential consequences of the ONS review, London Economics have modelled the effect on the Government’s deficit measure of each of the four different options proposed by the ONS.