Thursday, February 17, 2011
NUS accepts that John Hemming was right on Student Fees
The NUS have circulated a memo which is on their website here.
That includes the following:
"the vastly increased numbers of graduates that will never pay the loan off are in fact what makes the system relatively progressive"
and
"Much has been made of the Government’s 80% cuts to teaching budgets; of course, whilst thats true, there has not been an 80% cut to the overall Universities budget- in fact the subsidy has been moved into this state backed, loan based voucher scheme. Overall the Government will put in about 40% less, with the rest assumed to be being made up by larger contributions from richer graduates."
In other words the subsidy is being moved from a general one into one which benefits the less well off graduates. What is what I said. posted by John Hemming ¶ 11:05 am
That includes the following:
"the vastly increased numbers of graduates that will never pay the loan off are in fact what makes the system relatively progressive"
and
"Much has been made of the Government’s 80% cuts to teaching budgets; of course, whilst thats true, there has not been an 80% cut to the overall Universities budget- in fact the subsidy has been moved into this state backed, loan based voucher scheme. Overall the Government will put in about 40% less, with the rest assumed to be being made up by larger contributions from richer graduates."
In other words the subsidy is being moved from a general one into one which benefits the less well off graduates. What is what I said. posted by John Hemming ¶ 11:05 am
