I think that getting sponsorship should be the normal route. It would help employment post-degree, would help people choose something that was both useful and they could do for 3-4 years; if would also force people to think if they really wanted to do one in the first place.
Of course some courses would be better sponsored than others. But then some courses are more useful than others. If you want to do a very obscure degree, either self fund or sell the subject to a prospective employer - or just do something else and have it as an interest.
Government scolarships could also be there for the best of the best to do theoretical research for a fixed period of time.
As to a percentage, this is clearly nonsensical. It should fluctuate according to demands in the system.
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