A Simple Equation

Politicians love to say that those who benefit from higher education must pay for it. Well, in order, it’s probably the employer, then the graduate, then (and not insignificantly) society in general. So I propose a simple 50-25-25 split of the true cost of education between the three. Employers currently get huge benefits from the HE system for nothing – especially in the legal sector, but also in I.T and early-career science and engineering, where training has effectively been done by the state at no cost to the employer. A graduate tax might be the fairest solution to that quarter of the costs, but only in conjunction with a graduate-employer tax of twice as much. And the current contribution from general taxation stands at around 25% of the cost (according to Oxford) of tuition; there should be no thought of cutting it as the coalition policy dictates. Just an idea…

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Published in: on January 21, 2011 at 9:41 am  Leave a Comment  

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