John Hemming's Web Log John's Reference Website
Saturday, September 29, 2012
  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:
And for reference the Lib Dem manifesto policy is that line along the bottom labelled £0.
 
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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