The news that Labour support the increase in tuition fees to 6K at the lower end, but not the higher end to 9k is an odd piece of news.
Basically under the coalition scheme the graduates in the bottom half of earnings are not affected by this proposal. Those who would benefit are those who earn in their life time more than the 52nd percentile.
In fact many of these would hardly be affected (those at the bottom end) and it is the higher earners that really benefit, but not the top earners.
This is an interesting political placing. We are trying to benefit lower earning households. Labour are trying to benefit the upper middle earning households.
Basically under the coalition scheme the graduates in the bottom half of earnings are not affected by this proposal. Those who would benefit are those who earn in their life time more than the 52nd percentile.
In fact many of these would hardly be affected (those at the bottom end) and it is the higher earners that really benefit, but not the top earners.
This is an interesting political placing. We are trying to benefit lower earning households. Labour are trying to benefit the upper middle earning households.
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