Fund universities with taxes?

Should student fees be kept high or should other sources of funding be used?


EU uni applicants fall as policy changes

It was "inevitable" that changing student finance policies would affect Welsh universities' ability to recruit EU students, a Welsh minister has said.

Welsh universities saw the biggest drop in the UK in the numbers of EU applicants between 2017 and 2018.

Official figures also show Welsh universities had the biggest fall in applications from outside the EU.

Education Secretary Kirsty Williams said scrapping tuition fee grants moved "towards a sustainable way of funding".

There was a 7% drop in non-EU applicants and a decrease of 10% in applicants from the EU.

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YouGov | Students split on how universities should be funded

Newly released figures from a YouGov Omnibus survey conducted in June show that students are divided on how university education should be funded.

Four in ten 40% say that “It should be paid for by everyone, funding it through general taxation like income tax”, while a similar number (37%) say “it should be paid for by the people who go to university, funding it through tuition fees or some sort of graduate tax”. A further 11% answered “neither of these” and 13% don’t know.

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The Guardian

How should we fund higher education? With a free-market graduate tax | Peter Ainsworth

As the father of four children who graduated in the last few years, I understood and sympathised with their concern about tuition fee debts and the difficulties of finding a rewarding occupation. Technological change, globalisation and pressure on government spending have combined to make a higher education more important than ever – but at the same time both significantly more expensive and much less certain in relation to the value of a particular course.

My new paper, Universities challenged: funding higher education through a free-market graduate tax, outlines a proposal that is designed to address all these problems. Universities would offer contracts to their students, who would agree to pay to the university they attended a share of their earnings in return for their degree course. Essentially, the university would be taking an equity interest in the graduate premium earned by the student, although any student who chose to do so could instead pay the full fees up-front prior to beginning their studies.

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