Think tank’s proposal for £10,000 state loan wouldn’t help students from less well-off backgrounds, UK universities argue
A consortium representing six of the country’s top universities has urged the government not to adopt a state-backed loan system as a solution to the social mobility crisis in postgraduate education.
A recent report from the Institute for Public Policy Research (IPPR) outlined a “workable and affordable” model where postgraduate students could borrow £10,000 to cover the cost of tuition. This would be paid back at 9% of earnings between £15,000-£21,000.
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