The CSR has outlined the Governments spending plans for the next four years. How will these plans effect your students?
Many in the education and youth sectors have been concerned about the effect of the CSR on young people – Youth Action Network has argued that the spending cuts could create a ‘Youth Quake’ with the lack of funding for volunteer projects having a devastating effect.
Some of the key areas relevant to young people which you could focus on include….
- Education: The Department for Education will have to find savings of 3.4% over the next 4 years. The non-school budget is being cut by 12% affecting centrally directed programmes such as the Education Maintenance Allowance andBuildingSchools for the Future.
- Universities: The cap on tuition fees could be set to rise to £9,000 in order to plug the gap left by the planned 40% cuts to higher education funding contained in the CSR.
- Welfare: The Coalition Government aims to make a net saving of £7bn from the welfare budget over the Spending Review period. This will include ‘withdrawing Child Benefit from families with a higher rate taxpayer‘.