The major political parties in Denmark have signed a 10-point reform agreement aimed at strengthening the economy, job creation and competitiveness. When the reform is fully operational in 2020, student grants and loans spending will be reduced by DK2.2 billion (US$383 million). Students are angry, but rectors support the move.
Public money saved on the student grants and loans system, called the SU, will be invested in other areas of higher education. The agreement(in Danish) is called “On the Reform of the SU-System and the Student Completion Framework”. (...) - University World News, by Jan Petter Myklebust, 25 April 2013 Issue No:269