It is now as close to a consensus as makes no difference that the current regime for funding higher education in England through high fees paid by students – or repaid by some graduates – is bust. Lord…
Imagine being a young Muslim in the UK today. You are committed to your religious belief – which tells you that lending money at interest is forbidden in Islam – but you want to further your education…
Waiting to go off.
Student debt via PathDoc/Shutterstock
According to a new pamphlet issued by the Social Market Foundation, “the Tories’ student loan system that finances our universities, voted through by the Lib Dems, is a timebomb waiting to go off”. The…
Lie back and think of your debt.
Owen Humphreys/PA Wire
The funding of higher education is a mess, and it is getting messier. New proposals on the table to allow universities to take on the debt burden of their own students could have profoundly worrying consequences…
More people should get to do this.
Chris Ison/PA Wire
The debate around how to finance undergraduate education at English universities has been reignited by a new report from the business, innovation and skills select committee questioning the sustainability…
A wall of indebted students at the University of Portsmouth.
upsuportsmouth
“Life imitates art far more than art imitates life,” according to Oscar Wilde. No more so than in the contemporary issue of debt. It seems that while we may have been born free, many of us will die financially…
We’ll be able to do this all over again.
Chris Ison/PA Wire
Students should be given a lifetime loan allocation that they can use for different undergraduate and postgraduate courses, according to new proposals put forward by a group of universities. The University…
Carrying student debt well in to your adult life can be a heavy burden.
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Until now, student debt in Australia has been relatively modest, with low repayment rates, low indexation and high repayment thresholds. This won’t be the case if the government proceeds with changes mooted…
Spring in UK universities sees the funding letter drop on the mat of the vice chancellor’s lodge and like an English April, no two years are the same. Coalition ministers are keen to tell us that the present…
Dropping on the doormat until you’re 50.
Johnny Green/PA
Nearly three-quarters of graduates will not clear their student loans before the end of the repayment period. This means the large majority of those who go to university aged 18 or 19 will still be paying…
The idea of adding student income support to their HELP debt has been floated, but student debt is already high.
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A Grattan Institute report I co-authored highlights student debt costs, with the finding that the government could save $800 million a year by retrieving unpaid debts from deceased estates and students…
Retrieving unpaid student loans from deceased and abroad students would help bring the cost of student debt down.
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The government could save A$800 million a year by recovering unpaid student loan debts from deceased estates and students who have moved overseas, a new report from the Grattan Institute has found. “Doubtful…
Four years after mass protests, dreams of going to uni are dropping.
Tim Ireland/PA Archive/Press Association Images
It was clear that recent fundamental changes to the way we pay for university in England would have longstanding ramifications for young people’s plans for their future. Two years into the new fee regime…
The customers are always right.
Chris Ison/PA Wire/Press Association Images
I recall the time some years ago when the possible introduction of student fees was being debated and a government decision was imminent. I was attending a seminar on the subject organised by a think tank…
Gill Wyness, London School of Economics and Political Science
The announcement that the government intends to sell off part of the student loan book is perhaps no surprise, but it is bad economics. Debt from student loans is currently a groaning £46.6 billion on…