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Lord Adonis, Lord Willetts and Paul Johnson to give evidence to Lords Committee


On Tuesday 10 October 2017 former secretary of state Lord Adonis and former minster Lord Willets will face questions from the House of Lords Economic Affairs Committee.  Paul Johnson, the Director of the Institute for Fiscal Studies will join them in giving evidence.

They will be giving evidence to the Committee's new inquiry into the economics of higher, further and technical education.

Questions the Committee is likely to ask include:

  • Who has benefited from the rise in tuition fees in 2012?
  • Should 50 per cent of young people receive a university education?
    • Are the interest rates on student loans too high?
  • Are universities preparing students for the labour market? Is it a concern that around a third of graduates are estimated to be in jobs that do not require university degrees?
  • Does the current system mean that universities will increase places on cheaper (arts and humanities courses) and reduce those on expensive (STEM subject) courses?
  • Is the Office for Budget Responsibility description of the recording of accrued interest on student loans in the public accounts as a ‘fiscal illusion' correct?
  • Should the Government proceed the sale of part of the pre-2012 loan book?
  • What changes should there be to the current system for funding higher education? Should tuition fees be reduced, or abolished?

The evidence session will take place at 3.35pm on Tuesday 10 October in Committee Room 1 of the House of Lords.

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