GovWire

This sets out the potential economic impact of the introduction of the lifelong learning entitlement (LLE) from 2025. The LLE will provide individuals with a loan entitlement to the equivalent of 4 years of post-18 education to use over their working lives.

The LLE will be available for modular and full-time study at higher technical and degree levels. People will be able to space out their studies and learn at a pace that is right for them. This includes choosing to build up their qualifications over time, within FE and HE providers.

More detail on the scope of theLLE can be read in the consultation response.

The analysis in this impact assessment follows on from the analysis included in measure 1 of the skills and post-16 education impact assessment. This received a green rating from the Regulatory Policy Committee.

The technical document Modelling the costs and benefits of the LLE sets out the latest behavioural and impact assumptions the Department for Education is using to model LLE. It also invites feedback on the assumptions made in the document from all, but particularly providers offering level 4 to 6 courses, employers and sector bodies.

LLE became known as lifelong learning entitlement on 18 September 2023, it was previously known as lifelong loan entitlement.