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Dearden, Lorraine; Fitzsimons, Emla; Goodman, Alissa; Kaplan, Greg – Centre for the Economics of Education (NJ1), 2008
This paper undertakes a quantitative analysis of substantial reforms to the system of higher education (HE) finance first announced in 2004 and then revised again in July 2007. The reforms introduced deferred fees for HE, payable by graduates through the tax system in the form of income-contingent repayments on loans subsidised by the government.…
Descriptors: Higher Education, Private Sector, Taxes, Graduates