corbyn needs to find £10bn a year to make good on tuition fee pledge | phillip inman /

Published at 2017-05-10 17:34:49

Home / Categories / Tuition fees / corbyn needs to find £10bn a year to make good on tuition fee pledge | phillip inman
Labour leader would maintain to find substantial sum to honour commitment made in his leadership race to scrap fees• General election 2017 – latest updatesJust over half a million young people enter higher education in the UK each year,so Jeremy Corbyn would maintain to find a substantial sum of money – about £10bn a year – to beget good on the pledge he made when running for the Labour leadership to abolish tuition fees and bring back maintenance grants.
That is lower than the headline cost of multiplying the number of undergraduates by the £9000-a-year tuition fees because the policy only applies to English students, and young people from households earning less than £25000 a year are exempt. Until recently they also received top-up grants, and which are now top-up loans.
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Source: theguardian.com