Monthly Archives: August 2008

University Fees

University fees are going to be reintroduced.  The only question is how and when.

 

The answer to the first question is found in places like Australia and New Zealand. There, all students who go on to third-level pay fees, but have available a government supported Income Contingent Loan (ICL) system which, when required, covers the cost both of fees and living expenses.

 

Individuals repay their loans during their working lives through the tax system.  Repayment does not commence until one’s earnings rise above a certain level.  The loan system not only covers fees but also … Continue reading...