Really really interest-ing

Writing about: Really interest-ing

BBC just reported on ‘Help for poor with tuition fees’

More students from poorer families in England and Northern Ireland are to receive full grants for university, the government has said. Students whose families earn less than £25,000 a year will get a full grant – up from the present level of £18,000. Students in families earning up to £50,000 a year will now get some help.

But it is not clear that this will be funded from commercial interest rates. And couldn’t much more be done with this money (Guardian suggested £1.2bn but this is likely to cost only one third of that amount)?

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