Erasmus Plus: The Next Stage of Europe’s Erasmus Programme ****************************************************************************************** * Erasmus Plus: The Next Stage of Europe’s Erasmus Programme ****************************************************************************************** 2014 will see the birth of the next stage in the European Union’s Erasmus programme, one t comprehensive and ambitious yet. Succeeding the Lifelong Learning Programme, which ran fro will be the Erasmus Plus programme [ URL "http://ec.europa.eu/programmes/erasmus-plus/inde like all previous Erasmus programmes, will last 7 years ending in 2020. Erasmus Plus could not have come at a more critical time for the youth population in Europ European economy has rebounded in the last couple of years, employment rates (particularly the age of 25) have remained largely stagnant. In January 2013, youth unemployment in the with levels as high as 50% and above in Spain and Greece. January 2014 has seen the overal to 23.4% (Eurostat 2014). Although youth unemployment levels are declining, it still remai biggest issues Europe is facing today. With an estimated 2 million job vacancies available highlighted by a third of employers is the difficulty in recruiting staff with the skills such positions; this identifies a skills gap that is preventing young people from gaining The need to address this issue is clearly reflected in the Erasmus Plus programme. The bud Erasmus Plus has increased 40% compared to the Lifelong Learning Project’s budget, with an budget of €14.7 billion over the programme’s seven year duration. Erasmus Plus is clearly provide opportunities for many more people under the age of 25 than any previous stage of and could provide; it is stated that Erasmus Plus aims to fund and support the study and t 4 million Europeans. Of this 4 million, the aim is to support 2 million students doing the Erasmus exchange, 650,000 under-25s in vocational education and training, 500,000 in volun exchange schemes and 250,000 Master’s students. Erasmus Plus has a significantly larger sc predecessors, aiming to benefit the youth population on a much larger scale, and equip thi the knowledge, skills and experience needed to gain employment and become a valuable membe community. Unlike its predecessors, Erasmus Plus will for the first time include support for sport, a partnerships with organisations and enterprises designed to nurture a generation of studen people with industry and business skills to aid in the growing struggle for employment acr Union. Of the €14.7 billion budget, €275 million has been allocated, over the 7 year period, for to the programme’s new sport dimension, which will support grassroots projects and combat challenges, such as match-fixing, doping, violence and racism. As well as sport, this new will also provide financial support for students wishing to undertake their entire Masters another country, by creating a new loan guarantee scheme, which has been established in co the European Investment Bank Group, that will allow students to obtain loans from financia with affordable interest rates, without discrimination on grounds of study choice, require from students and provides the option to defer repayments for up to two years. So for stud to undertake their Master’s studies in England for example, where study and living costs a highest in Europe, this new scheme makes the option far more affordable and accessible. The aims and hopes of the Erasmus Plus programme and what it will bring over the next 7 ye up by Androulla Vassiliou, Commissioner for Education, Culture, Multilingualism and Youth, is crucial if we are to equip our young generation with the qualifications and skills they in life”, and I’m sure the youth population of Europe hopes it will succeed. Morgan Brooks is a second year student of a BA in Politics at the Universi Political Science for 1 semester at the Faculty of Social Science in Charl economy, international politics and digital media and technology. He joine opportunity to gain work experience in another country.