Heresy of the morning

“Among all available approaches, a system of income-contingent loans and means-tested grants is still the most scalable and sustainable approach to university finance. From a public policy point of view, governments should invest public resources in education over the lifetime of a young person in those stages where its impact is greatest, both in terms of efficiency and equity. Higher education is not high on that list.” Andreas Schleicher, director, OECD Directorate for Education and Skills. A rare OECD announcement which is unlikely to be approvingly quoted around the sector.


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