Study targeting “financing gap” preventing student access to education and training
The European Investment Bank has commissioned a study on student finance in the EU, with the aim of improving access to education in the bloc.
Technopolis, a consultancy that is part of the consortium carrying out the study, said an increasing number of students are needing to financially support their studies themselves, and that this leads to them “searching for financing solutions”.
“Recognising the need to improve the financing gap experienced by higher education students that is preventing them from access to education and training, the EIB has [asked the consortium] to analyse ways to incentivise more financial or non-financial institutions to provide financial solutions for students at better terms,” Technopolis said.
The consultancy said the study will map out the student financing market in EU member states and compare it with the UK and the US, which both offer student loans.
Two other consultancies, EY and T33, complete the consortium.