The book traces those twin elements through the 1990s and into the 2000s, culminating in important - and perhaps path-breaking - legislation in 2004. Both sets of policies are rooted in the economics of information, and thus have technical roots not ideological ones. The only ideological element (a major preoccupation of both authors) is to widen access to higher education. The book offers lessons both about policy design and about the politics of reform of particular relevance to countries which have not yet addressed the issue, including many OECD countries, the more advanced post-communist reforming countries and, increasingly to middle-income developing countries. More generally, the policies are suitable for any country which has the administrative capacity to collect income tax.
This book tells the story of the UK higher education debate, illustrating a head-on collision between the economic imperatives of student loans and regulated market forces, and the political imperative of 'free' higher education.
This book tells the story of the UK higher education debate, illustrating a head-on collision between the economic imperatives of student loans and regulated market forces, and the political imperative of 'free' higher education.