Lord Browne of Madingley, today presented the Government with the findings of the independent Review of Higher Education Funding and Student Finance.
The review was tasked with making recommendations to Government on the future of fees policy and financial support for full and part-time undergraduate and postgraduate students in England.
Receiving the report Secretary of State for Business Vince Cable, said:
"This report is the culmination of months of diligent enquiry by Lord Browne and his panel of experts. They have taken evidence from a wide range of people including students, the higher education sector and business.
"We will judge their recommendations against the impact on student debt, ensuring a properly funded university sector, improving the quality of teaching, increasing social mobility and attracting a higher proportion of students from disadvantaged backgrounds."
Minister for Universities David Willetts said:
"The current system of funding for higher education is no longer fit for purpose. Any new funding settlement must promote world class competitiveness in teaching and research, with better quality for students.
"I would like to thank Lord Browne and his panel who have worked in a truly independent, open and consultative manner, for all their efforts and we will carefully consider the recommendations."
The Government will make an oral statement to Parliament in response at 3.30pm today.
Notes to editors:
1. The Independent Review of Higher Education Funding and Student Finance was launched on the 9th November 2009. It fulfils a commitment made during the Commons stages of the Higher Education Act 2004 to review the operation of variable tuition fees after these had been in force for three years. The Review was established on a cross-party basis, following consultation on appointments and its terms of reference.
2. The review was chaired Lord Browne of Madingley. The other members of the Review Group are Sir Michael Barber, Diana Coyle, Professor David Eastwood, Julia King, Peter Sands and Rajay Naik. Members’ biographies are available at HYPERLINKhttp://hereview.independent.gov.uk/hereview/members-biographies/http://hereview.independent.gov.uk/hereview/members-biographies/.
3. Terms of reference for the Review are available at HYPERLINKhttp://hereview.independent.gov.uk/hereview/written-ministerial-statement/http://hereview.independent.gov.uk/hereview/written-ministerial-statement/.
The Review called for two rounds of evidence (in December/January and March/May) and held public hearings in London, Manchester, Bristol and Leicester. An Advisory Forum was also established to enable groups that represent all those with an interest in higher education the opportunity for formal, structured engagement with the Review’s work.
Published evidence is available to view at: HYPERLINKhttp://hereview.independent.gov.uk/hereview/evidence-submitted/http://hereview.independent.gov.uk/hereview/evidence-submitted/
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