The Education Funding Agency has announced plans to save £150m by paying 17.5 per cent less for the full-time education of 18-year-olds in comparison with 16 and 17-year-olds. The current, unweighted, funding rate for 16, 17 and 18-year-olds is £4,000. The new rate for 16 and 17-year-olds is expected to be announced in March, but […]