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This report updates and extends the previous IFS work to examine the consequences of these changes for graduates. In particular, we use a new model of graduate earnings and repayments and explore in more detail the pattern and size of loan repayments made, including by different types of graduates.
Persistent link: https://www.econbiz.de/10010340730
Debates over living standards, poverty and inequality in the UK are often hampered by the fact that official data on household incomes are available only with a significant lag. Currently, the latest statistics are for 2014-15. In this report, we attempt to fill this gap by estimating what has...
Persistent link: https://www.econbiz.de/10011630926
The UK government is part-way through significant cuts in spending on public services as it attempts to deal with the large hole in the UK's public finances. As part of this, grants from the UK Treasury to the Welsh Government have been reduced in real terms each year since 2009-10, and the...
Persistent link: https://www.econbiz.de/10011532792
The government has committed to freezing school spending per pupil in cash terms in England up to 2019-20. It has also committed to introducing a national funding formula for schools in England from 2017 onwards. In this report, we provide historical context for these changes by showing how...
Persistent link: https://www.econbiz.de/10011457612
On 5 July this year the NHS will be 70. In all its 70 years it has rarely been far from the headlines. It has been through more than its fair share of reforms, crises and funding ups and downs. Over that period, the amount we spend on it has risen inexorably. Yet, today, concerns about the...
Persistent link: https://www.econbiz.de/10011857554
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English councils saw big cuts to their funding during the 2010s, with spending on some services down between 40% and 70% over the decade. And although like virtually all public services, funding for local government was increased during the 2019-24 parliament, councils' finances are still under...
Persistent link: https://www.econbiz.de/10014577989
Health spending, and the performance of the NHS, will feature prominently in the upcoming general election campaign. Many different factors matter for NHS performance and for the wider health of the population, but one important factor is the level of spending on health services. In this IFS...
Persistent link: https://www.econbiz.de/10014532130
This report examines how household incomes were changing in the UK up to the eve of the COVID-19 pandemic, and how other measures of household living standards have changed over the course of the pandemic. In particular, we use the latest official data covering years up to 2019-20 to provide a...
Persistent link: https://www.econbiz.de/10012584679