Links to all the articles written by the journalist, Dan. Falvey
GEORGE OSBORNE ANNOUNCES £10,000 LOANS FOR POSTGRAD STUDENTS IN AUTUMN STATEMENT
In the autumn statement, delivered on Wednesday 3rd December, George Osborne outlined the government’s plans to introduce a postgraduate loans system of up to £10,000.
The Chancellor of the Exchequer outlined his plans which, he claimed, would “revolutionise” access to postgraduate courses, in his statement to the House of Commons. He also announced the coalition’s spending plans for the NHS and changes to the personal tax allowance.
The loans system is due to come into place for the academic year 2016–17. All undergraduate students due to finish their course at the end of the next academic year will be able to start studying for a master’s qualification, paid for by a government-backed loan, the September following their graduation.
40,000 students are set to benefit from the government’s announcement and a total of 10,000 extra students are expected to continue studying at university post-graduation.
However, the loans will only be available to those students under the age of 30, causing concern that the system is discriminatory against mature students.
Following his announcement, the Treasury issued a statement outlining...