Charlie McConalogue (Donegal North East, Fianna Fail) | Oireachtas source

I thank Mr. Boland for the ballpark figures on future funding. Ms Doyle gave the projected future student numbers, which are forecast to be 168,000 by 2020 and 195,000 by 2030, which are up from 160,000. We currently spend approximately €1.1 billion on third level education and the HEA suggests that it may take approximately €1.4 billion by 2020 and €1.6 billion by 2030, which is before inflation is taken into account. The Hunt report mentioned a figure of €500 million per annum for ten years. That means the State's input would go from €1.1 billion to €1.6 billion, which is €500 million over 18 years. The Hunt report referred to €500 million per year for each year over ten years, which would be €5 billion over ten years. Is the Hunt report also referring to private funding coming from outside?