• 1 What we all agree about
  • 2 Lessons from economic theory
  • 3 Problems with current arrangements
  • 3.1 The good news
  • 3.2 The bad news
  • 3.3 The worst news: interest subsidies
  • 4 The policy strategy
  • 4.1 Flexible fees
  • 4.2 A wide-ranging income-contingent loan scheme
  • 4.3 Active measures to promote access
  • 5 Conclusion