The Browne review
A plan for higher university fees, fewer subsidies, more markets and less government has been unveiled by an independent review into the future of the English higher education system. The radical blueprint, revealed on Tuesday by a panel chaired by Lord Browne, the former chief executive of BP, will cause tremors in the coalition government and problems for Labour.The review proposes removing the current cap on annual fees of £3,290. If institutions want to charge more than £6,000, however, they will be obliged to pay a levy to recompense the government for the cost of higher student loans. – The FT
David Cameron has urged Liberal Democrat MPs to “compromise” over university funding, as the Government prepared to announce a dramatic rise in university fees. John Hemming (Lib Dem Yardley) and Lorely Burt (Lib Dem Solihull) both signed a pledge before the general election promising to vote against any increase in student tuition fees. But they will face a dilemma if a Government review recommends allowing universities to charge more. Lord Browne of Madingley’s independent review of student finance is expected to recommend removing the existing tuition fee limit of £3,290 a year. – The Birmingham Post
Sky’s chief political correspondent Jon Craig said Prime Minister David Cameron would brief Labour leader Ed Miliband in the morning in an attempt to build a consensus. “The crucial vote will be in six weeks time,” Craig said. “That’s when the big showdown will come.” The National Union of Students said debts could double and students who have to borrow the most to fund their studies will be hit by higher interest payments. Speaking before the report’s publication, NUS president Aaron Porter said: “It would be an insult to the intelligence of those who voted for the Liberal Democrats to attempt to rebrand the regressive and deeply unpopular top-up fee system. Liberal Democrat MPs have long opposed tuition fees and at the general election each of them signed a pledge to vote against higher fees in Parliament.” – Sky News (more…)