Higher Education Funding Reforms in England

The Distributional Effects and the Shifting Balance of Costs

Dados Bibliográficos

ID9714015
AutoresLorraine Dearden (0000-0002-9529-8860, University of London), Elizabeth Fitzsimons (0000-0003-4466-5963, Institute for Fiscal Studies), Emla Fitzsimons (Institute for Fiscal Studies), Alissa Goodman (Institute for Fiscal Studies), Greg Kaplan (0000-0001-5104-8707, New York University and Institute for Fiscal Studies)
Ano2008
Volume118
Fascículo526
PáginasF100-F125
Data de publicação2008-02-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Economic Journal (JOURNAL)
Identificadores do periódicoISSN: 0013-0133 • E-ISSN: 1468-0297
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.1468-0297.2007.02118.x
OpenAlexW2118302648
IdiomaEN
Citações recebidas16
Referências citadas19

This article undertakes a quantitative analysis of substantial reforms to the system of higher education (HE) finance in England, first announced in 2004 and revised in 2007. The reforms introduced deferred fees for HE, payable by graduates through the tax system via income-contingent repayments on loans subsidised by the government. The article uses lifetime earnings simulated by the authors to consider the likely distributional consequences of the reforms for graduates. It also considers the costs of the reforms for taxpayers, and how the reforms are likely to shift the balance of funding for HE between the public and private sectors. Copyright 2008 The Author(s). Journal compilation Royal Economic Society 2008

Accounts payable · Balance (ability · Earnings · Economic growth · Economic policy · Economics · Government (linguistics · Higher education · Labour economics · Macroeconomics · Public economics · Public finance · Finance · Financial Literacy, Pension, Retirement Analysis · Fiscal Policy and Economic Growth · Housing Market and Economics