Advanced Search
MyIDEAS: Login to save this paper or follow this series

Deferred fees for universities


Author Info

  • Neil Shephard

    (Nuffield College and Oxford-Mann Institute, Oxford University, Oxford.)


I will argue for a simpler, fairer, more fiscally responsible and flexible form of university funding and student support. This system is designed to encourage a diverse higher education sector where high quality provision can flourish. The main points of the new system are: 1. Make student financial support available to cover all tuition and a modest cost of living. 2. Allow graduates to repay according to earnings with protection for poorer graduates. 3. Call HEFCE teaching grants “scholarships” and make students aware of their value. 4. Cap the level of funded fees plus HEFCE grant at the current level. 5. Allow universities to charge deferred fees. a. When they are paid the money goes to the student’s university not to the state. These fees have no fiscal implications. b. Bring some of the cash flow from deferred fees forward by working with a bank. 6. In the long-run move to making the cost of living support simpler by a. Providing more realistic cost of living support for all students. b. Removing means-tested university bursaries for cost of living expenses. c. Removing means-tested grants to students provided by the state. This builds on England’s higher education structure. The changes are simple to implement. It would set up a stable funding structure for our universities & provide the financial support our students need.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: no

Bibliographic Info

Paper provided by Economics Group, Nuffield College, University of Oxford in its series Economics Papers with number 2010-W03.

as in new window
Length: 33 pages
Date of creation: 01 Mar 2010
Date of revision:
Handle: RePEc:nuf:econwp:1003

Contact details of provider:
Web page:

Related research


Other versions of this item:

This paper has been announced in the following NEP Reports:


No references listed on IDEAS
You can help add them by filling out this form.


Blog mentions

As found by, the blog aggregator for Economics research:
  1. Rethinking college tuition and student loans
    by Economic Logician in Economic Logic on 2010-10-19 14:15:00


This item is featured on the following reading lists or Wikipedia pages:
  1. Economic Logic blog


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:nuf:econwp:1003. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maxine Collett).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.