The Browne Review or Independent Review of Higher Education Funding and Student Finance was a review to consider the future direction of higher education funding in England. It was launched on 9 November 2009 and published its findings on 12 October 2010. It was chaired by Lord Browne of Madingley, the former chief executive of BP. It recommended wide-ranging changes to the system of university funding, including removing the cap on the level of fees that universities can charge, and increasing the income level at which graduates must begin to pay back their loans to £21,000.