The EC has proposed **Supersized** version of the Erasmus Prorgramme with a whopping 70% increase in funding and more wide ranging for education funding 2014-2020 called ‘Erasmus for All’ (totaling €19-billion).
Erasmus for All would merge the 7 existing programmes, such as the Lifelong Learning or Youth in Action programmes, under one single banner to increase efficiency, make it easier to apply for funding, reduce fragmentaton and duplication.
Erasmus for All aims to enable education systems to ‘deliver the knowledge and skills needed in an increasingly globalised labour market’, according to the EC. Several programme names, such as Leonardo or Comenius, will disappear and be branded as Erasmus actions. “In setting up an integrated single programme, it makes sense to avoid multiple names and to capitalise on the popularity and awareness of the Erasmus brand” the EC said.
The programme would include three “key actions”: learning mobility (66% of the budget), including funding for student and staff mobility; cooperation for innovation (26%), to increase links between education and business, as well as between Europe and other regions; and policy reform (5%), including the modernisation of higher education and Bologna reform. The remaining 3 % of the programme’s budget would fund operating costs in national agencies.
The proposal will now be discussed by the European Parliament and Member States through the Council of the EU. It is expected that there might be some modifications to the proposal during the co-decision process, which is expected to be completed by the end of 2013 to allow the new programme to start on 1 January 2014.