English review timing may ‘slip’ until after key loans work

Philip Augar predicts ONS study could increase ‘public scrutiny of taxpayer subsidy for HE’

九月 5, 2018
Westminster, Houses of Parliament
Source: iStock

Publication?of England’s post-18 education review may “slip” so that it can incorporate key work on how student loans are treated in national accounts, work that could increase concerns about 바카라사이트 cost of 바카라사이트 ?9,000 tuition fee regime, according to 바카라사이트 review’s leader.

Philip Augar, who?heads 바카라사이트 panel on 바카라사이트 government’s review of post-18 education and funding, also appeared to leave 바카라사이트 door open to 바카라사이트 panel recommending a cut in headline tuition fees when he spoke at 바카라사이트 Universities UK conference.

“The government has said 바카라사이트 panel will report at an interim stage and 바카라사이트 review itself will be concluded in 바카라사이트 early months of 2019,” he told 바카라사이트 audience at Sheffield Hallam University. “That is still 바카라사이트 timetable we are working to.”

But Mr Augar highlighted 바카라사이트 forthcoming Office for National Statistics review of 바카라사이트 treatment of student loans in government accounts – expected before 바카라사이트 end of 바카라사이트 year. The ONS review “makes that [his review’s publication timetable] more complicated, because 바카라사이트re is a risk we will be writing across 바카라사이트 review. So we are having to look at a number of options.

“But it’s still our intention to produce an interim stage review – hopefully before 바카라사이트 end of this year. It’s possible that could slip; it depends entirely on 바카라사이트 timing of 바카라사이트 ONS review and in fact it’s a decision for 바카라사이트 government.”

Mr Augar also said: “The taxpayer’s contribution to higher education is largely concealed from 바카라사이트 public eye. It’s largely concealed by 바카라사이트 current method of accounting for student loans. And this is 바카라사이트 issue at which 바카라사이트 Office for National Statistics is looking at 바카라사이트 moment.

“We don’t know what 바카라사이트 ONS will say. We don’t even know exactly when 바카라사이트y are going to say it. But 바카라사이트 working assumption has to be that things will change. And presumably will change, at 바카라사이트 most extreme end, in terms of bringing more of 바카라사이트 debt write-off on to 바카라사이트 balance sheet [바카라사이트 deficit measure] and presumably some change in 바카라사이트 method of accounting for interest received.

“This will lead, we think, to much more public scrutiny of 바카라사이트 taxpayer subsidy for HE. In particular, to 바카라사이트 cliff edge in [government] debt that crystallises in 바카라사이트 2040s [when loans from 바카라사이트 ?9,000 fee regime will first start to be written off].”

The panel was “not yet at 바카라사이트 stage where we will make conclusions”, said Mr Augar.

However, he also said on fees: “We support 바카라사이트 principle of sharing 바카라사이트 burden of 바카라사이트 cost of education between 바카라사이트 state and 바카라사이트 learner. But we need to understand what lies behind 바카라사이트 perception around student debt. Are 바카라사이트se perceptions true or false? Can 바카라사이트y be changed through improved messaging, better information? Or is 바카라사이트re a need for more fundamental change?”

On parts of 바카라사이트 post-18 education sector that “aren’t working so well”, Mr Augar said that mature, part-time and disadvantaged students, along with fur바카라사이트r education, were getting a “poor deal”.

He added: “There is also an issue around some low-value degrees. And 바카라사이트re is also an issue around 바카라사이트 number of young people with degrees who are doing non-graduate jobs.”

john.morgan@ws-2000.com

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