The economic inefficiency of student fees in England: why paying tuition fees from the public purse makes financial sense

Document type
Report
Author(s)
Albertson, Kevin
Publisher
Intergenerational Foundation
Date of publication
6 April 2017
Subject(s)
Social Policy, Education and Skills, Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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This report by Dr Kevin Albertson, Professor of Economics at Manchester Metropolitan University Business School, argues that the public benefits of a young person getting a higher education qualification more than outweighs the costs according to the government’s own figures. By comparing the costs and benefits of higher education, Albertson concludes that the nation should bear 58% of the cost and the individual 48% of the cost. This neatly translates to the state paying for tuition fees and the individual paying for their living costs.

A detailed breakdown of the benefits and costs of higher education is provided, as are the arguments for shifting the burden of tuition fees back to the state.

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