Rising inflation has reduced maintenance support for the poorest students in England by more than £100 a month in real terms in just a few years, according to a report.
The Institute for Fiscal Studies (IFS) said the government’s failure to correct course after inflation began rising has led to “substantial cuts in generosity”.
The annual report, which is funded by the Nuffield Foundation, found that rising costs are placing increasing pressure on education spending at all levels across England.
IFS researchers say higher-than-expected inflation has continued to erode the real value of maintenance loans for current students.
