Total costs equal fixed costs plus variable costs. Fixed costs remain stable, especially in the short term, but may vary with a longer time horizon. Fixed costs include building and equipment costs, regulatory fees and salaried personnel. In the long run, even fixed costs can vary.
Education reform is the name given to the goal of changing public education. Historically, reforms have taken different forms because the motivations of reformers have differed. However, since the 1980s, education reform has been focused on changing the existing system from one focused on inputs to one focused on outputs (i.e., student achievement).
Download the Education Reform Act 1988 (pdf text 4.1mb). Summary of the Act Part I Chapter I: The Curriculum The 1988 Act provided for a 'basic curriculum' to be taught in all maintained schools, consisting of religious education and the National Curriculum (Section 2(1)).990 Education (Student Loans) Act Thatcher's last education act was the Education (Student Loans) Act (26 April 1990) which introduced 'top-up' loans for HE students and so began the diminution of student grants. Download the Education (Student Loans) Act 1990 (pdf text 116kb).