Home > education, Education policy, European Universities, fees, futures, University Education, University Quality > The Browne Report on Funding 3rd Level in England – Will it influence the fees debate here?

The Browne Report on Funding 3rd Level in England – Will it influence the fees debate here?

The Brown Report is now available. It proposes a deferred payment model to part-fund third-level in the UK.

A quote:

•• Students pay nothing up front. Graduates only make payments when they are earning above
£21,000 per year.
•• Payments are affordable – 9% of any income above £21,000.
•• If earnings drop, then payments drop. If graduates stop work for whatever reason, then payments stop
as well.
•• The payment threshold is reviewed regularly to bring it into line with growth in earnings
•• The interest rate on the loans is the low rate that Government itself pays on borrowing money. There is a rebate for low earners.
•• Any balance remaining after 30 years is written off

The report is a model of clarity. Will the Hunt Report be similar?

Update: more from the Guardian and from the Daily Telegraph. These reports suggest uncapped fees could rise hugely, but competition between institutions may moderate this tendency.

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  1. October 12, 2010 at 2:27 pm

    Absolutely it will influence the debate here. With the current financial situation both in the state and the tertiary sector, any model that proposes putting the burden someplace else will fly. An added benefit is that it doesn’t immediately land the cost on top of the voting public with students in college. I’d bet we’ll have a model very like it in place here by October, whatever the Hunt report says.

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