§ Mr. AmessTo ask the Secretary of State for Education and Science what is his Department's latest estimate of implementing the proposals in the White Paper "Top-Up Loans for Students," Cm. 520; and what is the cost of the present system.
Mr. JacksonThe additional costs of top-up loans, net of savings in social security benefit and grant, calculated on the assumption of a constant 3 per cent. rate of inflation, are set out in annex E of the White Paper. When the cost of the proposed access funds is also taken into account, the Government's proposals imply a cumulative additional expenditure of about £850 million at 1990–91 prices by the year 2003, when net savings begin to accrue. Net expenditure on mandatory grants to students in England and Wales in academic year 1988–89, exclusive of fees, is estimated at £523 million in current prices.
§ Mr. AmessTo ask the Secretary of State for Education and Science if he will place in the Library a copy of his Department's full review on student financial support; and if he will make a statement.
Mr. JacksonThe Government's conclusions in the light of its review of student support were published in the White Paper "Top-up Loans for Students" (Cm. 520).
§ Mr. AmessTo ask the Secretary of State for Education and Science if he will list those organisations which submitted(a) oral evidence and (b) written evidence to his Department's review on student financial support.
Mr. JacksonI refer my hon. Friend to my answer of 28 July 1988 (cols.403–4). The British Medical Association was mistakenly omitted from the list of organisations provided.