Government spending on higher education in the UK 2009-2021

*A report from the United Kingdom's House of Commons provides an explanation for 2010/11 expenditure.
"This figure is inflated to a certain extent by some one-off accounting adjustments to the subsidy element of student loans. These adjustments were to revalue the existing stock of loans to reflect lower than expected repayments. The additional expenditure was ‘scored’ against the year in which these decisions were made, despite the facts that lower repayments will often not be realised for many years to come and the loans in question were taken out from the end of the 1990s onwards."