Andrew McGettigan explains what the government has changed in its all-important treatment of student loans, and what implications this might have for the future.
With a lot of public attention on the RAB charge and the cost of the current funding system, Dr Gavan Conlon of London Economics looks at two major issues that may have been overlooked and are areas where the greatest damage may have been done in the transition to the current fees and funding system – both because of the outcomes themselves – but also because the fact that the changes may be irreversible.
The last week has seen a political and media frenzy as it has come clear that the RAB charge is now coming very close to the point where the new HE funding system costs around the same as when fees were just above £3k. With the wider public understandably not engaged in the wizardry of public accounting and a sector avoiding an opportunity for self-reflection, Andy Westwood attempts to unpick the dark arts at play, the rows that overlay them and attempts to drill just a little bit deeper.
When a politician slips in to the dry, impenetrable terms of governmental accounting regulations, you know that he’s (and it is usually a guy, sorry chaps) trying to get something past you. Such was my reaction when I glanced over David Willetts’ article in the Times Higher a few weeks back. Specifically, this bit: “This is… read more