This House of Commons briefing paper discusses the announcement of changes to the student finance system by the
Prime Minister on 1 October 2017. It gives an overview of past changes to the student finance system, outlines current debate and analyses the potential impact of the proposed changes.
On 19 February 2018, the Prime Minister announced that there would be a ‘wide-ranging review into post-18 education’ led by Philip Augar. The review is to look at how future students will contribute to the cost of their studies, including ‘the level, terms and duration of their contribution.’ The Prime Minister discounted the idea of moving back to a fully taxpayer funded system. It is expected that the review will report in early 2019.
This paper will be updated with any relevant information or changes that come from the review process.
The student finance system has gone through a prolonged period of change and reform since the Labour Gov