LSBU Vice-Chancellor responds to Autumn Statement on postgraduate fundingMajor overhaul of postgraduate funding needs careful consideration, warns Professor David Phoenix
In today's 2014 Autumn Statement Chancellor George Osborne MP has announced a major overhaul of postgraduate funding in England. Under the proposals, prospective students applying for postgraduate masters courses could access subsidised government loans of up to £10,000.
Commenting on the announcement, Professor David Phoenix, Vice-Chancellor of London South Bank University, said: "No one should be denied access to postgraduate education simply because of cost. I welcome today's announcement form the Chancellor, however I urge careful consideration of how the loan system is implemented.
"Many businesses fund their employees through postgraduate study and institutions like London South Bank University work with those businesses to ensure students gain real world skills that can be applied in the workplace. I strongly urge the government to consider a system of match-funded loans to ensure business-university partnerships are not undermined."