Transcript Is UK HE good value for money

Global HE
So what do other countries do?
Germany
• Public funding: €11.8Bn
•
2M students
• Public average per student:
•
•
300 Universities – 5 / 6 year degrees
Funding priorities vary in each county
•
Fees are between
•
€5,900
€500-€1000
Paid back when earning more than €30,000
Sources:
http://www.universityworldnews.com/article.php?story=20090618200051988
A German colleague lecturer
France
• Public funding: €24.16Bn for post A-levels
•
Number of students: 2.4M
• Tuition Fees of:
£174
• Public average per student:
€10,066
Source, 2006:
http://www.ambafrance-uk.org/Higher-education-in-France.html
USA
• Four tier system with fees ranging from $2500 to $50000
•
Scholarships from huge institutional endowments. $15Bn for the 25k at Berkeley
• Between 33%-40% funding comes from the state
•
Berkeley gets $620M from California state
• Public average per student:
$24,800
Source:
http://en.wikipedia.org/wiki/University_of_California,_Berkeley
Elsewhere…
The “graduate economy” how many go to University
in Europe?
• Finland: 80%
• Slovak republic: 77%
• Iceland: 78% of women
In the UK, huge deprivation related variations:
• 8% from Sheffield
• 9% from Nottingham
Source:
http://www.bbc.co.uk/news/education-11438140
UK at present
• 1.8M students
• State spends £4.7Bn
• Public average spend per student:
£2,611
UK Proposal
• 80% cut in public funding
• Privatisation of many subjects, i.e. 100% cut
• £6000- £9000 fees
•
Number of students: TBC
• Public spending: £700m
• Public spending per student:
Source:
http://www.bbc.co.uk/news/education-11550619
£388
What is £2.7Bn saving
worth?
• 30% of the tobacco duty
• 10% of the fuel duty
• Less than the £2.9Bn wine Duty! If we drank twice as
much wine, we would not need the cut 
• If tax on alcohol and fags went up by 16%, we
could stop the cuts or have free Higher Education
• Same if bankers halved their bonuses
Source:
http://en.wikipedia.org/wiki/UK_tax
HE...
Benefits:
• The state through direct taxes
• The economy- UK’s1.8M students each earn an
extra £100k. This is a total £180Bn added to the
economy
• Social mobility & social wellbeing
• Culture, entertainment & the arts
• Companies, through income and productivity
• Workers, as their bosses are better able to run
businesses
• The individual
UK HE…
• Generates £60Bn for the economy
• Increases wealth over a lifetime by £100k
• An estimate suggests that £40k of this will be paid
back to the treasury as income tax and VAT
• So, in reality you will already pay back more than
you cost
• Punches well above its weight for the amount
spent…
How good is each system?
Number of Unis in world’s top 200 Universities List
80
70
60
50
40
30
20
Switzerland
Sweden
Netherlands
Hong Kong
Denmark
United Kingdom
Singapore
Ireland
Australia
Canada
Austria
New Zealand
United States
Norway
Finland
Belgium
Taiwan
Germany
Republic of Korea
10
0
http://www.timeshighereducation.co.uk/world-university-rankings/
Now, adjust for
population!…
Top 200 Unis per Mil. Population
0.900
Switzerland
0.800
Sweden
0.700
Netherlands
0.600
Hong Kong
Denmark
0.500
United Kingdom
0.400
Singapore
0.300
Ireland
Australia
0.200
Canada
0.100
Austria
New Zealand
0.000
United States
Norway
Finland
UK
• UK has slipped back from third to fifteenth in
numbers graduating among industrial countries
• This is despite UK student numbers rising by 25%
• UK spends below average GDP on higher
education
• Tuition fees in England among highest in world
• Youngsters in affluent areas five times more likely to
go to university than in poorest
Source:
http://www.bbc.co.uk/news/education-11438140
Totals as a % of GDP
The UK, despite already having some of the highest
tuition fees in OECD spends less than average
Red= State funding, Yellow=private funding for 4 countries studied