Browne Review - Headlines LearningGovernment pays students to choose where and what they want to study. Living Maintenance loan up to £3750; plus grant for poorer families Earning and PayingPay fee back at 9% on any income over £21k ParticipationImprove career guidance; support for part time students QualityBaseline quality standards monitored SustainabilityGreater contribution from individuals and industry
Browne Review - Headlines LearningStudents choose where and what they want to study. Government pays costs of learning upfront. Living Support for living costs available to all through an annual loan of £3,750. No means testing for access to loans for living costs. Additional support for students from families with an income below £60,000 per year, up to £3,250 in grants Earning and Paying Students pay nothing up front. Graduates only make payments when they are earning above £21,000 per year. Payments are affordable – 9% of any income above £21,000. If earnings drop or stop, then payments drop or stop The payment threshold is reviewed regularly to bring it into line with growth in earnings The interest rate on the loans is the low rate that Government itself pays on borrowing money. There is a rebate for low earners. Any balance remaining after 30 years is written off
Browne Review - Headlines ParticipationHE expands sustainably to meet qualified demand, with access for anyone who has the talent to succeed. A 10% increase in the number of places; and new support for the costs of learning for part time students. An increase in the support for living costs for students from low income backgrounds. The schools system to respond by improving guidance. QualityHEs actively compete for well informed, discerning students, on the basis of price and teaching quality, improving provision across the whole sector, within a framework that guarantees minimum standards. Higher Education Council enforces baseline standards of quality Students receive high quality information to help them choose the HEI and courses which best matches their aspirations.
Browne Review - Headlines SustainabilityIncreased private contributions and more targeted public investment to support high quality provision and allow the sector to grow to meet qualified demand. More sustainable footing by seeking higher contributions from those that can afford to make them, and removing the blanket subsidy for all courses – without losing vital public investment in priority courses. Public investment in clinical and priority courses such as medicine, science engineering
Browne Review - Beyond CSRIncrease graduate contributions from 2012 National Scholarship Scheme of £150m from 2014 Ring fence investment in science and research HEIF to be reformed to increase investment.40% savings in HE funding Political Cap on fees (max £9000) Prioritise STEM subjects Fees over £6000 contribute to students fees from poorer backgrounds Variable rates of payback
Financing the degree choose a programme maintenancefeeloan £3750 personal? grant if poor £3250 debt payback with interest Govt pay up to £6k Govt pay up to £9k grant to poor students < £21k no payback > £21k pay 9% over £21k payback over 30yrs
The university scenarios Free for allCharge up to £9k Attract students because of status Fully funded research led programmes offering quality learning experience that meets the needs of industry Surplus contributions to support underfunded disciplines Steady as we go Charge up to £7k Attract students because of locality and opportunity Fully funded research led programmes offering quality learning experience that meets the needs of industry Fully funded research led programmes offering quality learning experience that deliver enhanced learning outcomes Fight for survival Minimum charge Attract students because of cost Shortened period of study Student experience more akin to learning by rote rather than by practice Programmes that meet the learning outcomes Closure Degrees closed down because of cost and lack of interest
Implications – The university The feesSetting fees that align with their market share Programmes Flexibility ‘earn and learn’ Greater focus on quality of teaching Greater focus on experience of learning Better quality information on the programmes and careers Places Increase competition to attract declining number of students Merger/closure of departments (are BE programmes financially viable?) Merger/closure universities
Implications – The student The debtThree year degree at £6k will leave a debt of £10k (of maintenance loan; up to £27k of fee payback; and £10k of further loans) Payback Most BE students will be paid above the threshold (£21k) Payback 9% of income above the threshold Threshold increases annually Learning ‘earn and learn’ Part time, flexible approach to learning Seek employment led education and training
Implications – Industry FundingUniversities seeking sponsorship to help students and attract students Students seeking sponsor ship to pay fees/maintenance Graduates expecting increase in salary (Browne is of view that industry will pay because of the benefit of employing a graduate) Education Industry will be expected to increase engagement with universities to ensure that the programmes meet their requirements and graduates attributes align with their needs Work place learning (e.g. placements) Flexible approach to work and education
Implications – The PIs FundingScholarship provision (e.g. QUEST) Accreditation Accreditation adds value Publicly available information needs to be correct (a role for the accrediting team) Programmes meet funders wants but industry's needs Accrediting teams have an inspiration role Accrediting work place learning Membership Members benefits more explicit Greater engagement with student population Contribute to quality learning experience Alternative routes to entry Charitable status Are the opportunities sufficient to meet the demands of industry? Are the objectives of the programmes aligned with the learning outcomes at the appropriate level?
The Browne Review The Browne Review and the CSR are likely to result in a major shift in higher education Principle of student does not pay until they earn enough as a graduate Increase in quality of education and learning experience Greater alignment with industry‘s needs Increased contribution from industry Pis have a more important role in accrediting programmes Pis will have to engage universities/students more proactively to demonstrate benefits