A Ring-Fenced Fund From Taxation of the Well-Off Could Be Solution to Paying for Higher Education

Summary

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I don't get it. Nick Clegg maintains: "All graduates will pay less than they do at the moment ... all part-time students will be free of up-front fees. The poorer graduates, one in four, will pay less than they do at the moment; [and] the majority of graduates will never have to pay off the full value of their loan at all."

The Prime Minister, David Cameron, meanwhile, repeats the well- worn Coalition mantra that the cause of the tuition fees rises is the dire state of Britain's finances inherited from Gordon Brown's Labour, even though the present UK Government - or taxpayers - will continue to provide the wherewithal to Student Finance England to issue the student loans to pay for tuition fees south of the border.

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A Ring-Fenced Fund From Taxation of the Well-Off Could Be Solution to Paying for Higher Education

So where is the actual saving? At best it will be a few years ...

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