Contents
2 Public finances and the design of the system
Funding the student loan system
The fiscal illusions of student loan accounting
Student loans in the Department for Education Accounts
Student loans in the National Accounts
Is the sale of the student loan book value for money?
The funding split between the graduate and the taxpayer
Sustainability and changes to the model
The purpose of the interest rate
Perceptions of the interest rate
3 Is there a market in higher education?
The marketisation of higher education
Competition on the basis of price
Competition on the basis of quality
Information available to students
The impact of the 2012 reforms
Conclusions and recommendations
Appendix 1: Graduate earnings profile methodology
List of Reports from the Committee during the current Parliament
15 February 2018