O’Keeffe embarrassed over fee revenue forecast out by €400m

“Minister for Education Batt O’Keeffe has admitted his embarrassment in a growing controversy about the potential revenue from the return of third-level fees. Last weekend, the department released the results of a report prepared by a UCC economist, Dr Noel Woods, which found the return of fees could generate up to €530 million for the exchequer in one year. It later emerged that Dr Woods had miscalculated – the maximum yield, using his own figures, was actually €130 million …” (more)

[Seán Flynn, Irish Times, 19 September]


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