Due to the increased financial pressure--exacerbated by the COVID-19 pandemic--that students in higher education need to endure, considerable attention is being drawn towards the determinants of student financial anxiety. A conflicting picture has been captured about financial literacy, which has been shown to either be associated with better…

While the tuition fee system has had a large amount of political and media attention in the last two decades, far less attention has been paid to the student maintenance system -- the amount of funding students have access to for day to day living expenses. But for many students, this funding is of more immediate importance, and can have a major…

Between 1965 and 2010, most federal student loans were issued by private lending institutions and guaranteed by the government, and most student loan borrowers made fixed monthly payments over a set period--typically 10 years. Since 2010, however, all federal student loans have been issued directly by the federal government, and borrowers have…

The funding of Initial Teacher Training (ITT) in England has undergone significant change with the introduction of tuition fees of up to £9250 (UCAS (The Universities and Colleges Admissions Service), 2017). Training bursaries are available for some secondary school student teachers on the Postgraduate Certificate in Education course, but the…

This article discusses Anders Lustgarten's play, "Lampedusa." The play is ostensibly about refugees and the Mediterranean crossing, as well as addressing EU migration, debt, and austerity. The article develops the idea of the debtor in neo-liberal economics suggesting that the refugee is required to become a debtor on settlement. While…

This paper tracks the managing-out of Postmodernism in UK universities, before casting doubt on the tendency to declare its death. Firstly, Postmodernism's current status as 'geist' is defined and the question is put as to whether Postmodernity is dead in the university. I use Google Ngrams and data from the main three academic libraries I am…

The English tuition fee system is designed to be progressive and to ensure that higher education is well funded. As the Government considers how it could be improved, many former detractors are recognising we could do far worse and fear change. This paper proposes a solution comprising three interdependent policy changes without a significant…

Universities UK has been explicit that a 'no deal' exit from the EU would be bad for our students, researchers and 136 member universities. This briefing sets out the consequences of exiting the EU without a deal and the stabilising policies required for the higher education sector.

Mass expansion of the UK Higher Education (HE) sector is eroding its well-documented benefits -- leading many to question whether HE remains worthwhile. Avoiding the traditional approach of estimating the returns to HE, we investigate why many now feel that attending university will not yield any financial benefits. Using BSA data from 2010 we…

Students are recognized as vulnerable consumers where financial matters are concerned, particularly with reference to indebtedness. This study examines student indebtedness in order to initiate wider debate about student vulnerability. We consider vulnerability as dynamic and temporal, linked to an event that renders the consumer susceptible to…

This paper describes a new model of students' concern about indebtedness within a rank-based social norms framework. Study 1 found that students hold highly variable beliefs about how much other students will owe at the end of their degree. Students' concern about their own anticipated debt--and their intention of taking on a part-time job during…

Phillip Henry is a semi-retired former U.K. Registrar and Secretary with almost 40 years' experience in higher education. He has been active in staff development in the United Kingdom (Association of University Administrators, Academic Registrars Council, and Association of Heads of University Administration), in the United States (AACRAO and a…

Comparisons with other parts of the United Kingdom have played an important role in justifying decisions made in relation to student funding in Scotland since devolution. This article considers first what comparative claims have been made for the content of student funding policy in four areas: fees, debt, total living cost support and…

As the UK sits on the verge of a major change in the financing of both universities and students, this study seeks to capture and analyse attitudes to money, borrowing and debt among contemporary young undergraduates. It reports findings from a qualitative study of 62 individuals in the second term of their first year at university, these being…

Funding higher education has increasingly become a paradox for many nation states. The paradox rests with the recognition that the nation state acknowledges that university education has long-term benefits for the state with a better educated society, an increased opportunity to provide an innovative, creative and high technology work force for…