Chris Belfield

Chris Belfield

Research Economist

Education:

MSc Economics (Distinction), University College London, 2016 

BA Economics (1st Class), University of Cambridge, 2013

Chris Belfield is a Research Economist at the Institute for Fiscal Studies. His research interests include human capital investments at various ages: the interaction between maternal labour supply and child development; the impact of funding and policy decisions in schools; and the design of the higher education system.

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Options for reducing the interest rate on student loans and reintroducing maintenance grants

| Briefing Note

In October, the Prime Minister called for an inquiry into the student loan system for higher education (HE). In this briefing note, we focus on two of the more unpopular features of the current system. We explore government options for reducing the interest rates charged on student loans, from the current levels of RPI + 3% while studying and RPI + 0–3% (depending on income) after leaving university, and for reintroducing living-cost grants – which do not have to be repaid – for students from lower-income families. This briefing note will be submitted as evidence for the inquiry.

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