NEW: The Education Maintenance Allowance, a weekly cash transfer to disadvantaged students aged 16-19, did not improve their long-run outcomes.
The EMA only provided around 40p of benefits to students for every £1 spent.
THREAD on our new @nuffieldfoundation.org-funded report:
[1/10]
The EMA only provided around 40p of benefits to students for every £1 spent.
THREAD on our new @nuffieldfoundation.org-funded report:
[1/10]
Comments
We find that it did increase participation in full-time education, but mostly at the expense of training schemes like apprenticeships.
[2/10]
[3/10]
[4/10]
[5/10]
[6/10]
Cumulatively across their twenties, this meant the EMA generated a statistically significant reduction in earnings of 3.5%.
[7/10]
Then again, as my wages were £3/hr, the £20 EMA I received was a handy top up…neither alone was sufficient for anything!