Should universities have to pay back unpaid student debts?

By Geoff Sharrock. At a recent ANU forum on higher education financing, economist Lorraine Deardon said that since UK universities were allowed to treble their fees in 2012, more than 60% of UK students may never repay their loans. She suggested that with income-contingent loans, allowing universities to set their own fees should entail some “risk sharing” between governments and universities. More...