Conclusions
The final report called for deregulation of tuition fees and the introduction of a scheme to finance university and college education - income-contingent loan repayments. The report also called for an increase in public funding of colleges and universities - about half of what had been cut in the past decade, as well as upfront grants for students who come from households with an income of less than $22,000 per annum.
Read more about this topic: Rae Report
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