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tax graduates
From: David Farber <farber () central cis upenn edu>
Date: Fri, 20 Aug 1993 15:00:19 -0500
Abtract from a UPI report
A report commissioned by university vice chancellors and principals suggested Friday that the government implement an additional tax on graduates or add loans for student-paid fees to fund more higher education.
The report by the independent consultancy London Economics suggested ways for students to contribute to what it said was the 4.4 billion pound ($6.6 billion) yearly cost of degree courses, currently paid for by the government. It said higher education costs would rise by about 900 million pounds ($1.35 billion) a year to increase the proportion of young people entering higher education from the current 28 percent to the government's target of 33 percent. The four options for student contributions to higher education funding were: --An extra 2-3 percent tax on graduates throughout their working lives.
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