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…tion White Paper, “Students at the Heart of the System”, “We cautiously welcome the Government’s promises to put in place a level playing field for for-profit providers and bring them within the regulatory controls for institutions receiving public funding. Our greater concerns are about the medium and long-term sustainability of a system that is incredibly expensive for Government in terms of the upfront payment of fees and subsidies. The consequ…

…rly age we are taught that all things have a place. When we are faced with complex problems, we seek to create schemas and organise findings in a way that will aid our understanding. This is all well and good except that sometimes this approach is in danger of missing the point. In the case of universities, this can be a particular problem due to the broad spectrum they cover, both in terms of societal impact and in terms of diversity of instituti…

…the challenges of an hourglass-shaped labour market and to remain globally competitive. Highlighting a recommendation from the report she stated that an independent agency should identify indicators of graduate equilibrium and monitor levels to advise government on appropriate levels of investment to ensure public money is well used and the UK is prepared for the hourglass. Dr Paul Sissons, researcher at The Work Foundation, is leading their work…

…his there is still a significant graduate premium. Contrary to popular belief, the evidence suggests that there is a shortage of graduates in the UK not too many. This is interesting and worth reflecting on. However, the question that decision makers need to be asking is ‘what next?’ What is the bigger picture? Investing in universities isn’t primarily about short term gain (although there is some of that). It is about investing in the longer term…

…In the article “Pile them high”, The Economist argues that ‘Steep tuition fees are not deterring most students. But the attempt to create a market in higher education is off track.” Libby Hackett, Director of University Alliance, comments: “At a time when our global competitors are increasing the number of graduates in the workforce to increase their capacity for economic growth, how can Britain justify a reduction in university places?”…

…t an ambitious but realistic target on educational attainment in the Europe 2020 strategy.”   Beyond drop in applications Of course we are aware that early indications suggest a slight drop in applications to university for 2012/13, no doubt as a result of widespread misunderstanding about the new student finance system. However, we must not forget how many young people were turned away last year because there were not enough places for them. Even…

…annual loan of up to £5,550 for day-to-day living costs. If their family income is under £42,600 they will also get a living grant (money you don’t have to pay back) of up to £3,250. No win, no fee: graduates only pay back in relation to how much they benefit. Unlike credit card or mortgage style loans, there is no risk to taking the loans out because if you are never in a position to pay it back you won’t have to. No debt collectors: money is tak…

…mand for graduates in our economy – even in difficult times. As our global competitors know, we need more highly-skilled graduates in order to drive growth and economic recovery. These figures show that the value of a degree is worth the investment for individuals and society, raising hopes and prospects for the future. “People should not be put off going to university because of financial concerns or the myth that demand for graduates is drying u…

…is consultation, as well as our response to the White Paper, we attempt to comment constructively on proposals. However we are eager to ensure that as a new regulatory framework is developed, the Government keep in mind the features of higher education that make our sector world-leading. This period of change will cause inevitable disruption which we believe can be minimised through ongoing consultation with the sector. Universities deliver many s…