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Home Publications Analysis of the higher education funding reforms announced in Summer Budget 2015

Analysis of the higher education funding reforms announced in Summer Budget 2015

Briefing note

In the Summer Budget of 2015, the Chancellor announced some further changes to higher education funding and student support. This briefing note assesses each of these reforms in turn. The authors start by providing a brief overview of the model underlying our estimates. Next they discuss the implications of the removal of maintenance grants for students and the government, followed by the likely implications of the proposed changes to the repayment threshold, fees and the discount rate, which will all be subject to public consultation. The note ends with some brief conclusions.

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Presentation
Presented at the IFS Post-Budget Briefing, Summer 2015 on 9th July, 2015.
Presentation
Presented at the IFS Post-Budget Briefing, Summer 2015 on 9th July, 2015.
Presentation
Presented at the IFS Post-Budget Briefing, Summer 2015 on 9th July, 2015.
Presentation
Presented at the IFS Post-Budget Briefing, Summer 2015 on 9th July, 2015.
Press release
Two major changes to student finance were proposed in the Budget. The replacement of maintenance grants by loans from 2016–17 will raise debt for the poorest students, but do little to improve government finances in the long run. The proposed freezing of the repayment threshold for loans, on the ...