Recent Policies Have Replaced Direct Government Funding For Teaching With Fees Paid By Students. As Well As Saddling Graduates With Enormous Debt, Satisfaction Rates Are Low, A High Proportion Of Graduates Are In Non-Graduate Jobs, And Public Debt From Unpaid Loans Is Rocketing. This Timely And Challenging Analysis Combines Theoretical And Data Analysis And Insights Gained From Running A University, To Give Robust New Policy Proposals: Lower Fees; Reintroduce Maintenance Awards; Impose Student Number Caps; Maintain Taxpayer Funding; Cancel The Tef; Re-Build The External Examiner System; Restructure The Contingent-Repayment Loan Scheme; And Establish Different Roles For Different Types Of Institutions, To Encourage Excellence And Ultimately Benefit Society.
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