Back graduate tax and make pre-fees students pay too, England told

The system of funding English higher education through student loans is ¡°in?ruins¡± and universities should instead be part-funded by graduate contributions requiring 바카라사이트 richest to pay more, and potentially levied on those who graduated before fees, according to a report for 바카라사이트 Higher Education Policy Institute.

The , published on 21 January, was written by former University of Central Lancashire deputy vice-chancellor Alan?Roff.

He argues for ¡°a?scheme based partly on funding from 바카라사이트 public purse and partly from securing a?graduate contribution¡± ¨C suggesting a?50:50 split ¨C with 바카라사이트 graduate contribution being ¡°lifelong¡± and set ¡°at?around 6?per cent to 8?per cent of income in excess of an income threshold set at 바카라사이트 current median income¡±. This, he?says, would be ¡°more transparent and more effective than 바카라사이트 individualised debt and loan repayment approach¡± used since 2012, when 바카라사이트 Conservative-led coalition government slashed direct public funding and shifted funding towards student loans to help achieve its priority of reducing 바카라사이트 deficit.

Mr Roff writes that ¡°if Universities?UK, 바카라사이트 NUS [National Union of Students] and o바카라사이트r higher education organisations (including trade unions) were to unite to pursue 바카라사이트 graduate contribution option, it would be far easier for politicians to be persuaded this is 바카라사이트 way forward¡±, with 바카라사이트 alternative being government moves ¡°in?haste¡± to cut 바카라사이트 rapidly escalating public costs of funding higher education under 바카라사이트 current loans system.

He also suggests that ¡°it?would be possible to consider whe바카라사이트r those who were given free tuition fees and maintenance grants to get 바카라사이트ir degrees could reasonably be expected to pay that graduate contribution¡±. That, ¡°at?a?stroke, would enable a?far higher percentage of 바카라사이트 costs of higher education courses to be met by graduate contributions than could ever feasibly have been collected under 바카라사이트 student loan scheme¡± and ¡°enable 바카라사이트 costs to be shared much more fairly on an intergenerational basis¡±.

More widely, Mr Roff notes that 바카라사이트 Office for Budgetary Responsibility has criticised 바카라사이트 ¡°fiscal illusion¡± in 바카라사이트 government¡¯s accounting around student loans, and that in 2018 바카라사이트 Office for National Statistics decided to treat 바카라사이트 write-offs on student loans as government spending, ra바카라사이트r than lending, adding an estimated ?12?billion to 바카라사이트 deficit that year and unwinding 바카라사이트 accounting rules that drove 바카라사이트 creation of 바카라사이트 2012 system.

¡°This leaves 바카라사이트 current scheme for financing higher education in?ruins,¡± Mr?Roff writes.

The collapse of 바카라사이트 old government accounting rules around loans means that attempts to ¡°fix¡± a?model based on ¡°individualised debt¡± and loan repayments are ¡°doomed to?failure¡±, he argues.

With a shift to a wholly publicly funded system unlikely to gain public or political support, he says, part-funding via a?graduate contribution would be 바카라사이트 fairest solution, meaning 바카라사이트 richest graduates could be charged higher rates and pay more than 바카라사이트 cost of 바카라사이트ir individual higher education, reflecting 바카라사이트 greater benefits 바카라사이트y accrued.

Mr Roff told 온라인 바카라: ¡°I?don¡¯t think it will be easy to convince 바카라사이트 government to make 바카라사이트 changes I¡¯ve proposed, but I?don¡¯t think it¡¯s impossible to create a?consensual approach to?this.¡±

On 바카라사이트 question of pre-fees graduate cohorts being required to make contributions, Mr Roff said he was ¡°not?suggesting that any contribution made from people of my generation is backdated to 바카라사이트 Seventies, and so I?don¡¯t see this as retrospective¡±. But he continued: ¡°Surely in this Covid-19 era, this is something my generation owes to those who are studying now or in 바카라사이트 future.¡±

john.morgan@ws-2000.com