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New teachers, owed or owing? The myths and reality of debt for newly-qualified teachers

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ISBN: 1 902466 48 9
Code: PR27
Pages: 40
Published: November 2005

This research report from 2005 finds strong evidence of the effect of student financing arrangements on teacher recruitment. While the training grant and 'golden hellos' appear to have had a beneficial effect on both recruitment and the standard of living for some trainees, this report finds that most new teachers start their careers with debts of up to £10,500.

While 70% of respondents said that they were happy with their standard of living throughout their training, the report warns against complacency; arguing that further research is needed on whether a broad social base of entrants is encouraged or discouraged by the financial support currently on offer.