Home Business news ‘Impossible’ for Sunak to save on tuition fees without favouring well-off graduates

‘Impossible’ for Sunak to save on tuition fees without favouring well-off graduates

30

Chancellor should use income tax rather than student loan repayments, says Institute for Fiscal Studies

Rishi Sunak will find it “essentially impossible” to save money on university tuition fees in England without hurting graduates on average earnings in favour of their wealthy peers, according to the Institute for Fiscal Studies.

Instead, the IFS says the chancellor should use the income tax system rather than student loan repayments as a way of raising revenue from the highest-paid graduates.

Continue reading…Chancellor should use income tax rather than student loan repayments, says Institute for Fiscal StudiesRishi Sunak will find it “essentially impossible” to save money on university tuition fees in England without hurting graduates on average earnings in favour of their wealthy peers, according to the Institute for Fiscal Studies.Instead, the IFS says the chancellor should use the income tax system rather than student loan repayments as a way of raising revenue from the highest-paid graduates. Continue reading…