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Typo in Book

May 3, 2013

Nick Ratcliffe has emailed to point out a typo in Table 12.1 (p. 160) of The Great University Gamble. My thanks to him.

The data in that table should read:

 

Increase in loans for fees and maintenance            + 4.3

Cuts to HEFCE budget for UG teaching                     – 3

Increase to maintenance grants                                +0.6

TOTAL INCREASED OUTLAY                                        +2

 

Which results in

Increase in RAB as a result of higher loans              +1.33

Cuts to HEFCE budget for UG teaching                     -3

Increase to maintenance grants                                +0.6

TOTAL DECREASE IN EXPENDITURE                          -1.07

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One Comment
  1. Leslie Huckfield permalink

    That puts you in the same bracket as Rogoff and Reinhart! Best wishes – Les

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