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Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Thursday, 9 December 2010. It occurred during Debate on Higher Education Fees.


Higher Education Fees

Furthermore, we are introducing variable interest rates so that those on high incomes pay relatively more to ensure the progressivity of the scheme, as a result of which a £30,000 salary will carry a monthly payment of approximately £68, which is far lower, incidentally, than it would be under a graduate tax system. Under that system, people would have to start paying much earlier and at much lower levels of income.


Secondary information

Type
Proceeding contribution
Reference
520 c548 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Access Devolved matters Admissions Disadvantaged Applications Fees and charges Grants Education maintenance allowance Higher education Humanities Earned income Northern Ireland Loans Low pay Part-time education Scotland Universities Wales Repayments Taxation Students Student numbers
Legislation
Higher Education Act 2004
Higher Education (Basic Amount) (England) Regulations 2010
Link
View this Proceeding contribution on www.publications.parliament.uk