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The impact of higher education finance on university participation in the UK (BIS research paper no.11)

Dearden, Lorraine and Fitzsimons, Emla and Gill, Wyness, Department for Business Innovation and Skills (BIS), corp creator. (2010) The impact of higher education finance on university participation in the UK (BIS research paper no.11).

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Abstract

In this paper we estimate the separate impacts of upfront fees, grants and maintenance loans on UK higher education participation. We use the panel data element of Labour Force Survey data on the university participation decisions of 18 year olds, covering the period 1992-2007, which saw great variation in HE finance, most importantly the introduction of up-front tuition fees and the abolition of student maintenance grants in 1998 and major reforms of 2004 in which maintenance grants were re-instated and up-front fees were replaced with deferred fees of £3000. To test the robustness of the results, and to help deal with potential measurement error, we create a pseudo-panel of participation by UK region over time and test a number of specifications. Our findings show that the impact of upfront tuition fees in 1998 had a small negative impact on participation among high income groups, while the package of reforms introduced in 2006 had no impact on participation, largely because tuition fees were accompanied by large increases in loans and grants.

Item Type: Document from Web
Publisher: Department for Business Innovation and Skills (BIS)
Depositing User: Batch Import
Date Deposited: 07 Dec 2010 03:11
Last Modified: 03 May 2017 09:51
URI: http://dera.ioe.ac.uk/id/eprint/479
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