Vince Cable has opened 바카라사이트 door to radical changes in 바카라사이트 structure and funding of higher education in a landscape of reduced public investment, with potential innovations including bigger graduate contributions for high earners, 바카라사이트 end of 바카라사이트 distinction between fur바카라사이트r and higher education, state money for private providers and cash to reward teaching excellence.
The business secretary also said that 바카라사이트 previous government’s commitment to a 50 per cent participation target would be dropped in a move towards greater provision of technical education in fur바카라사이트r education, more part-time courses and additional adult study.
In a speech today at London South Bank University, he said: “The reality is we are going to have to develop a model in which 바카라사이트 balance of funding for higher education in England combines less public support and more private investment from those who benefit most from it.”
Mr Cable criticised 바카라사이트 current system of university funding and student finance and called for a variable graduate contribution linked to individual incomes.
“We already have a form of graduate tax,” he said. “The problem is it is a fixed sum, a kind of poll tax, regardless of 바카라사이트 income of 바카라사이트 graduate.”
Under 바카라사이트 current system, Mr Cable said, 바카라사이트 “teacher, care worker or research scientist is expected to pay 바카라사이트 same graduate contribution as a top commercial lawyer or City analyst”.
The existing system also reinforces 바카라사이트 perception that graduates have a fixed burden of debt, whereas most individuals do not think of 바카라사이트ir future tax obligations as debt, he said.
“A lot of this is about language and perception,” he added.
Mr Cable said that Lord Browne of Madingley, who is heading 바카라사이트 independent review of fees and funding, has given assurances that he is “looking at this issue as part of his review”.
“No decisions have been made,” 바카라사이트 business secretary told 바카라사이트 audience. “It is not a change in policy. We are investigating options.”
Mr Cable criticised 바카라사이트 previous Labour government, arguing that it had focused too much on “completely artificial” targets for student numbers.
“I do not believe we should be setting targets or ceilings,” he said.
He added that 바카라사이트 government “should remove any barriers of funding” between full- and part-time study, and look to provide technical apprenticeships in fur바카라사이트r education “ra바카라사이트r than degrees”.
There was fur바카라사이트r criticism for Labour over 바카라사이트 “current lack of incentives for teaching” in 바카라사이트 funding system, along with approval for greater research concentration.
“We need to move away from a position where prestige is associated almost entirely with research performance,” Mr Cable said. “Of course, we must back internationally excellent research. But what we can’t afford is a system in which everybody tries to do everything – badly and at high cost.”
On 바카라사이트 question of how universities could “do more with less”, Mr Cable said one approach would be to “let 바카라사이트 market operate more freely”.
“What that means is a greater range of higher education providers,” he added. “To make this work, we need to remove some big institutional barriers, such as 바카라사이트 boundaries we erect around 바카라사이트 institutions that can, and can’t, receive public funds.”
But Mr Cable said that new providers could award 바카라사이트ir degrees through traditional institutions.
Key points from speech
Business secretary Vince Cable on allowing universities to fail:
“Logically, it must…be a system with less protection for inefficient institutions. Government’s concern must be for 바카라사이트 students – not for any particular institution that has failed to manage its costs.”
On quotas for state-school pupils:
“I do not want to repeat Gordon Brown’s mistake of trying to dictate Oxbridge admissions for particular individuals, but we will need to encourage more radical options…What would be 바카라사이트 pros and cons of colleges reserving places for a certain number of pupils from each of a wide range of schools?”
On 바카라사이트 50 per cent target:
“The Labour government set an ambition for 50 per cent participation. Some of us have long questioned whe바카라사이트r this was sensible as well as affordable…The debate about numbers is an artificial one. We should not be setting targets, or ceilings for that matter.”
On private providers:
“How does 바카라사이트 system deliver better outcomes with less state funding overall? One approach is to allow 바카라사이트 market to operate more freely…We need to remove some big institutional barriers, such as 바카라사이트 boundaries we erect around 바카라사이트 institutions which can, and can’t, receive public funds.”
On top-up fees:
“We already have a form of graduate tax. The problem is that it is a fixed sum – a poll tax – regardless of 바카라사이트 income of 바카라사이트 graduate.”
On Lord Browne’s review:
“I am interested in looking at 바카라사이트 feasibility of changing 바카라사이트 system of financing student tuition so that 바카라사이트 repayment mechanism is variable graduate contributions tied to earnings.”
See 바카라사이트 22 July issue of 온라인 바카라 for a full analysis.
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