The future funding of higher education: has the Treasury got the sums wrong?

By Pam Tatlow – Regardless of any Liberal-Democrat election manifesto promise, the die for higher fees was cast when George Osborne’s October 2010 Comprehensive Spending Review (CSR) adopted the assumption that the public funding of teaching in English universities was a subsidy rather than an investment. In the ensuing and often heated debate about the impact on institutions, students and graduates, of allowing fees to rise to £9,000, surprisingly little has been said about the implications for the Exchequer, the […]

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