As the Institute for Fiscal Studies set out in its report on the Green Budget in October 2023, the LLE has the potential to reshape the post-18 student loan landscape. However, progress in implementing the LLE has been very slow. Important questions remain about how the system will be designed, including which courses will be covered by the new loan entitlement. This leaves both providers and learners wondering how the new system will work.
The government should, therefore, provide clarity on all aspects of the design and implementation of the LLE and ensure that it is introduced in a cautious, but timely, manner.
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