Why a student loan system is the best way to fund third level

Posted in Fees, access and admissions, Governance and administration on August 22nd, 2017 by steve

Ireland“With the CAO points published this week, many parents are preparing to send their children to third level for the first time. Along with the understandable parental pride, there’s equally understandable angst over the hefty expense involved. The expected cost of financing a third-level student living at home is now just over €5,000 a year …” (more)

[Irish Times, 22 August]

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Irish parents ‘open’ to idea of student loans, reveals survey

Posted in Fees, access and admissions on August 22nd, 2017 by steve

Ireland“Three out of four Irish parents think student loans could be a great idea according to a new survey, which also unsurprisingly reveals that parents appear increasingly unprepared for funding third-level education. The survey, carried out by Red C for Aviva, found considerable openness and some support for the idea of a student loan system with repayment to be contingent on the income earned by graduates …” (more)

[Fiona Reddan, Irish Times, 22 August]

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The Third-Level Sector Should Expect More Regulation, Not Less

Posted in Fees, access and admissions, Governance and administration on July 24th, 2017 by steve

Ireland“Threats to the autonomy of third-level institutions are amongst the biggest concerns of Provost Patrick Prendergast and his peers on the Irish Universities Association (IUA), so much so that it is one of the main reasons why they are so fervently arguing for the introduction of an income-contingent loan scheme above any other model …” (more)

[University Times, 23 July]

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Labour’s Higher Education Failings Make Seanad Motion More Than a Little Infuriating

Posted in Fees, access and admissions, Governance and administration on July 17th, 2017 by steve

Ireland“There is little point in relitigating one of the most extraordinary U-turns in the history of higher education policy in Ireland: that of then-Minister for Education Ruairí Quinn, who, just weeks after signing a giant pledge on behalf of the Labour Party to freeze the student contribution charge at €1,500, announced that the fee would, after all, have to be increased to €2,000 (and this was just the first in a whole series of increases) …” (more)

[University Times, 16 July]

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‘I couldn’t imagine being able to afford loans of €20,000 for my degree’

Posted in Fees, access and admissions on July 15th, 2017 by steve

Ireland“The door to the introduction of student fees was left open this week after the government opposed a motion against third level student loans. The Labour motion raised in the Seanad called on the government to affirm its commitment to providing equality of access to education and to reject any move to implement an income contingent loan scheme to fund third level education …” (more)

[TheJournal.ie, 15 July]

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Students hit out at lack of support for motion to block ‘income-contingent’ student loans

Posted in Fees, access and admissions, Governance and administration on July 13th, 2017 by steve

Ireland“‘Take your €20,000 debt, your degree, and get out.’ That, according to the Union of Students in Ireland (USI), is the message being sent to Irish students by the Seanad’s failure today to support a motion calling for the rejection of an income-contingent student loan scheme …” (more)

[BreakingNews.ie, 12 July]

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Students Disappointed As Senators Fail To Reject Student Loans

Posted in Fees, access and admissions, Governance and administration on July 13th, 2017 by steve

Ireland“The Union of Students in Ireland (USI) today stated concern with the failure of a Labour private members motion in the Seanad on Wednesday 12th July, to reject any move to implement an income-contingent loan scheme but instead to publicly invest in third level education. The amendment from Government instead called that no decision be made until the Joint Committee on Education and Skills had published their recommendations …” (more)

[Union of Students in Ireland, 12 July]

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A Year on from Landmark Funding Report, Labour to Call for Rejection of Loan Schemes in Seanad

Posted in Fees, access and admissions, Governance and administration on July 12th, 2017 by steve

Ireland“Nearly a year to the day after the publication of a landmark report on Irish higher education funding, Labour Party senators will bring a motion to the Seanad tomorrow calling on the government to oppose a loan scheme for third-level students …” (more)

[Dominic McGrath, University Times, 11 July]

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Calling All Senators: Vote Tomorrow to Reject Loans and Support Free Education

Posted in Fees, access and admissions, Governance and administration on July 12th, 2017 by steve

Ireland“Tomorrow, the Seanad will debate a private members’ motion on third-level funding put forward by the Labour Party. Our motion, which I am proud to be proposing along with my colleagues, will call on the government to affirm its commitment to providing equality of access to education …” (more)

[Ivana Bacik, University Times, 11 July]

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Government to leave door open to student loan scheme

Posted in Fees, access and admissions, Governance and administration on July 12th, 2017 by steve

Ireland“The Government will leave the door open to the introduction of a student loan scheme on Wednesday when it opposes a motion to abolish student registration fees for third-level education. The Labour Party is due to table a private member’s motion in the Seanad rejecting any move to implement an income-contingent loan scheme and calling for a fully publicly-funded scheme …” (more)

[Carl O’Brien, Irish Times, 12 July]

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Students Call On Senators To Reject Loans Scheme In Favour Of Public Investment In Education

Posted in Fees, access and admissions, Governance and administration on July 10th, 2017 by steve

Ireland“Union of Students in Ireland (USI) today called on Senators to support a Labour private members motion this Wednesday, rejecting any move to implement an income-contingent loan scheme but instead to publicly invest in third level education …” (more)

[Daniel Waugh, Union of Students in Ireland, 10 July]

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Recent Research on Income-Contingent Student Loans

Posted in Fees, access and admissions, Governance and administration on May 24th, 2017 by steve

Ireland“The topic has been back in the news again in recent weeks because of the dissemination of a paper by Shaen Corbet and Charles Larkin, which claims to show that an ICL could not work in Ireland …” (more)

[Aedín Doris, Darragh Flannery and Kevin Denny, The Irish Economy, 24 May]

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Income-Contingent Loans Would be a Risky Course of Action for Ireland

Posted in Governance and administration on May 19th, 2017 by steve

Ireland“The work done by Peter Cassells and his team, supported by Dr Aedín Doris of Maynooth University and Prof Bruce Chapman of the Australian National University, did an excellent job of highlighting the challenges facing higher education. The sector is in crisis due to several years of budget cuts and asset sweating …” (more)

[Charles Larkin, University Times, 19 May]

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Third-level education and loans system

Posted in Fees, access and admissions on May 17th, 2017 by steve

Ireland“Sir, – John Thompson (May 16th) proposes a system of financial incentives for students to study third-level courses in areas where there is a skills shortage. Such incentives would encourage students to choose a course based on affordability, instead of their interest in the subject or their aptitude for it …” (more)

[Jonathan Dukes, Irish Times, 17 May]

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Third-level education and loans system

Posted in Fees, access and admissions on May 16th, 2017 by steve

Ireland“Sir, – It always amazes me that when considering third-level fees, no consideration is ever given to the notion of altering fees based on the courses of education studied. We have a huge shortage of qualified applicants for intellectually and financially rewarding careers in information technology (IT), for example, and yet the same fees system is applied to IT courses as to any other area of study …” (more)

[John Thompson, Irish Times, 16 May]

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Third-level education and loans system

Posted in Fees, access and admissions on May 13th, 2017 by steve

Ireland“A chara, – Under the proposed income-contingent student loan scheme, graduates would take on a debt roughly equal to the size of a 10% deposit on the national average price of a house in Ireland …” (more)

[Letters, Irish Times, 13 May]

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Third-level education and loans system

Posted in Governance and administration on May 12th, 2017 by steve

Ireland“A chara, – Tom Collins’s piece on higher education funding cites a claim that income-contingent loans can work in countries that are smaller than Ireland or larger (Education Opinion, May 11th). Remarkably, Ireland occupies a sweet spot that apparently just renders it impractical to have such a system …” (more)

[Letters, Irish Times, 12 May]

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Higher education is too important to saddle third-level students with debt

Posted in Fees, access and admissions, Governance and administration on May 10th, 2017 by steve

Ireland“Recent political events in the UK, US and France call attention to the risks of the neglect of higher education. In the case of the Brexit vote, for instance, the higher the level of education, the higher the EU support with university graduates. In fact, only three of the 35 areas where more than half of residents had a degree voted to leave the EU …” (more)

[Tom Collins, Irish Times, 10 May]

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Why I Can’t Support a Student Loan Scheme

Posted in Fees, access and admissions on May 10th, 2017 by steve

Ireland“As a member of the Oireachtas Education Committee and Sinn Féin Spokesperson on Education and Skills, I have been closely monitoring the development of the debate in relation to income-contingent loans. At the outset, I must state that my own ideological viewpoint and that of my party, is that education is a fundamental right …” (more)

[Carol Nolan, University Times, 9 May]

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Debt, income and student loans

Posted in Fees, access and admissions, Governance and administration on May 8th, 2017 by steve

Ireland“A chara, – The letter (May 5th) by student union leaders, and others, objecting to an income-contingent loan system for higher education, misses many important facts. The prospect of paying tuition costs of €16,000 or €20,000 for a degree may indeed seem high. However, the student would pay nothing up-front …” (more)

[Letters, Irish Times, 8 May]

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