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And another idea...

27th October, 2009

Richard Brown, the former Chief Executive of CIHE, has busied himself writing two reports, Invest for Greatness in Higher Education: Some Funding Ideas and Invest for Greatness in Higher Education: Valuing Higher Education , in which he proposes amongst other things, that universities could use 10 per cent of their supplementary fee income [from fees of up to £7,125] as an “underwriting fund” that would limit banks’ exposure to the risk of student defaults and allow them to lend at interest rates similar to those available on mortgage loans.  The THE reports on the ideas and also reports Wes Streeting promoting the NUS idea of a graduate tax.  If you have forgotten what this proposal was, it's worth rereading The Guardian from June this year.