Skip to main content

Hammond is not the only one who can’t budget well

FE student loans are scant help if two-thirds of college learners can’t manage their money effectively, says financial capability expert Alison Pask

Magazine article image

The decision of chancellor Philip Hammond to raise the National Insurance contributions of self-employed workers might have grabbed the headlines following last month’s Budget. But for those of us working in the education sector, the most interesting detail was surely the reported additional £500 million investment that is to be provided each year to expand the training opportunities available to 16- to 19-year-olds.

Labelled as a “vote of confidence” in the UK’s FE sector by the Association of Colleges, the extra funding for these “technical” education pathways is welcome. It’s also ...

Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.

Not a subscriber? Find out more about our subscription offers.

Subscribe now