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Labour and Tuition Fees

This image: progressivity 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.

Comments

Unknown said…
And for reference the Lib Dem manifesto policy is that line along the bottom labelled £0.
John Hemming said…
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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