Home / News / IFS calculates the cost of reversing school cuts
IFS calculates the cost of reversing school cuts
EB News: 18/06/2019 - 09:40
The Institute of Fiscal Studies (IFS) has analysed the cost it would take to reverse school cuts, as has been promised by almost all the candidates in the Conservative leadership election, as well as similar promises from the Labour Party.
With a Spending Review of some form due this year, the IFS has analysed the cost of potential commitments on schools and education spending.
Past IFS work has highlighted that per pupil funding directly allocated to schools in England fell by 4% in real-terms between 2015-16 and 2017-18, whilst total school spending per pupil (incorporating sixth form funding and local authority spending) has fallen by 8% in real terms between 2009-10 and 2017-18.
Reversing cuts of 4% would cost about £1.8bn in 2019-20. Reversing cuts of 8% would cost £3.8bn.
Protecting per pupil funding at these levels up to 2022-23 would require further spending increases of just over £1bn in today’s prices due to expected rises in pupil numbers.