Saturday, September 29, 2012
Labour and Tuition Fees
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Looks at the NPV of the tuition payments for graduates in each percentile of income. The assumption is that the government pays the universities a fee of £7,500 for each year of study.
Labour's proposal is for the government to pay no more than £6,000 per year to universities through this scheme.
This will, however, not affect the lower income percentiles and only probably the top four percentiles. posted by John Hemming ¶ 8:37 pm
Looks at the NPV of the tuition payments for graduates in each percentile of income. The assumption is that the government pays the universities a fee of £7,500 for each year of study.
Labour's proposal is for the government to pay no more than £6,000 per year to universities through this scheme.
This will, however, not affect the lower income percentiles and only probably the top four percentiles. posted by John Hemming ¶ 8:37 pm
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ie paid out of general taxation true. However, in a coalition where we are the minority party we managed to reduce the money paid by the poorer graduates (the poorest 29%) and also make it much fairer (it is a graduate tax for the majority of graduates).
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