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Estimating the Cost to Government of Providing Undergraduate and Postgraduate Education

Published on 27 March 2015

The new report has re-examined the current funding system for undergraduate higher education, highlighting its uncertain public finance implications.

This report estimates the cost to government of providing undergraduate higher education. It illustrates the sensitivity of our estimates to changes in the underlying assumptions, and examines the financial and distributional implications of various changes that have been proposed to the system. It also provides new estimates of the likely cost to government of offering a £10,000 loan to postgraduate students, as proposed in Autumn Statement 2014.

Authors

Claire Crawford

Claire Crawford

Research Fellow University College London

Claire is a Research Fellow at IFS, working on the determinants and consequences of participation in childcare and education for parents and children.

Jack Britton

Associate Director

Jack's main interests lie in human capital accumulation and discrete choice dynamic modelling.