Architect of current system claims lowering income threshold for repayments is fairest way to fund higher education
Increasing the amount that graduates in England repay on their student loans could save the government close to £4bn each year and avoid universities having their income slashed, according to a report by the architect of the current system of student finance.
Nick Hillman, who was special adviser to the universities minister in 2012 when tuition fees in England were raised to £9,000, said lowering the income levels at which students made loan repayments was the fairest and most effective way to keep higher education funded at current levels.
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