UK willing to spend £450m a year on EU students if it can join Made in Europe scheme
Summary
The UK government is reportedly willing to spend up to £450 million a year to let EU students pay the same university fees as British students. It is making the offer conditional on the EU granting the UK access to its proposed Made in Europe industrial programme, with the two sides aiming to reach agreements at a summit on 20 November.Key Facts
- The proposed spending would compensate universities for charging EU students lower fees, according to the report.
- EU officials want their students to pay just over £9,000 a year rather than international fees, which can exceed £60,000.
- The UK sees access to the Made in Europe programme as a major benefit for British businesses seeking to operate in the EU.
- Negotiators are preparing agreements for a UK-EU summit scheduled for 20 November.
- The sides have reportedly made substantial progress on emissions trading, agricultural products and a youth mobility scheme.
- Reports suggest a youth mobility scheme could allow up to 80,000 young Europeans to live, work and study in the UK.
- The UK and EU are also reportedly nearing an agreement on British access to European biometric databases.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
