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Type: IFS Press Releases Authors: Lorraine Dearden and Emla Fitzsimons
* The Government's newly announced reforms to student loans and grants will increase financial support for students in higher education from families with incomes above £17,500, but not for those from families with incomes below that level.
* Almost all graduates who go to university under the newly announced arrangements stand to gain around £850 from the new loan repayment holiday. * People who do not participate in higher education will not benefit from the reforms but will have to help finance them through the taxes they pay. This is because the reforms have a net cost to the Exchequer. * If the Government is keen to increase the number of students from poorer backgrounds who participate in higher education, it would probably be better to spend money trying to further improve school results rather than increasing subsidies for those who do make it to university. Search |
 View all IFS Press Releases in the series
Recent IFS Press Releases
Households with children to lose most from tax and benefit changes in coming year
As background to the Chancellor's Budget on 21st March, IFS today publishes a summary of recent analysis looking at the likely evolution of household incomes over the next few years and, in particular, how they are likely to be affected by tax and benefit changes that are currently planned for 2012-13.
Borrowing set to undershoot official forecasts, but downside risks limit room for manoeuvre
The IFS Green Budget suggests that, even relative to major planned cuts, Whitehall departments will underspend by more than £3 billion this year.
Latest public pension reforms unlikely to save money over longer term; four-year pay squeeze returns public-private differential to pre-recession level
These are two headline findings from an in-depth analysis of this government's public pensions and pay policies done by IFS researchers in preparation for the launch of the annual IFS Green Budget. .
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