New Labour's Tuition Fee Bill

Paper Summary:

New Labour's bill on tuition fees will ensure that students will face the prospect of leaving university with a debt of approximately 15000 GBP. This paper examines the impact that the New Labour Tuition Fee Bill will have on students and the economy at large. It uses the human capital model as its framework for analysis. It analyses empirical findings via questionnaires using various statistical processes.

Outline
Introduction
Methodology
Theoretical Model
Empirical Analysis and Tests
Analysis and Findings
Conclusion and Recommendations
Bibliography
Appendix
List of Tables and Figures

From the Paper:

"A large number of countries have come to the conclusion that students should contribute their own share of the funds required to finance their education as this is the only fair and realistic thing to do. It is also said that the bill will reduce the weight on the general tax payer. It is often argued that students contributing to the costs of education will provide them with economic benefits in the longer run. The government also deduces that the new bill will reduce inequalities and disparities in income and reduce class variations within the economy, as it has been deduced in research terms that; graduates earn 50% more than the average person without a degree, hence it has been argued that the new bill will eventually create a certain level of 'justice' within the society."

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