... money; especially if government plans to get more young people into higher education are to succeed. Filling the financial abyss however raises complex economic and social arguments about who should be responsible for bridging the shortfall. Exponents of the new higher education bill argue that graduates have the potential to earn a substantially greater amount over their working lives than non-graduates and conclude that it is therefore fair that the individual should contribute towards achieving this advantage.2 Conversely it could be argued that the nation should be responsible for investing in higher education, with evidence to suggest a more highly educated workforce produces beneficial effects over the whole of society, far in excess of those gained by the individual. So if the inherent economic benefits and positive social effects created by a more highly educated population are constructive to the masses, then application of the above logic nominates the taxpayer ...

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