Presentation on theme: "From Louis Coiffait at the Pearson Centre for Policy Policy briefing: some thoughts on HE www.pearsoncpl.com."— Presentation transcript:
From Louis Coiffait at the Pearson Centre for Policy Policy briefing: some thoughts on HE www.pearsoncpl.com
is where Cambridge came in the 2010 QS World University Rankings Some context – UK HE by numbers 1.8 millionstudents are enrolled in the UK higher education system 33 0.7 1 billion 1 5 % of UK 18 year olds that go on to higher education % of GDP invested by the UK in HE, against a 1% OECD average pounds that Cambridge raised through the 800th anniversary campaign (first such sum outside the US) % increase in applicants missing out on university places this year (188,697, 27%) compared to last year (139,520, 22%)
Massive shift from public to private funding Teaching budget for HE (not research funding) falls from £7.1 billion to £4.2 billion (40%/£2.9 billion reduction by 2014-15) To be funded by a revised HE fees system (building on the Browne Review), with a shift from public to private funding, mainly from individuals and ad-hoc corporate involvement Ring-fencing of some funding for Science, Technology, Engineering and Mathematics (STEM) subjects. A new £150m National Scholarship Fund to support students from disadvantaged backgrounds will be set up by 2014-15 The CSR headlines for HE
Different universities able to charge variable fees (currently £3.3k in England) Browne proposed graded levy on fees above £6k, e.g. 75% of any fee above £12k paid by the university to the government (deterring high fees, potentially taxing rich to help the poor) A new (market-based) HE funding model Fee cap set at £9k, better universities charging more must meet strict quality and access conditions £7k is the figure that the Sutton Trust and others claim to be a deterrent to many from applying to university at all To make this new market work students need better info e.g. # of contact hours theyll receive, exactly who will teach them
Students apply for government loans to pay their university fees, repaying when in work Repayments are 9% of salary once income passes a newly raised threshold of £21k (was £15k) Rate of interest changes from inflation (0%) to the government borrowing rate (2.2%) Maintenance loans and grant system to be simplified and more generous, little detail yet Part-time students (with an FTE of a quarter or more) potentially offered the same deal as full time students 2012: The new loan system?
Maintaining the science budget in flat cash terms (effective 8.9% cut), so £4.6 billion a year by 2014-15. With BIS ring- fencing some investment in science and research Reform of the HE Innovation Fund Large chunk of research funding going on existing capital projects, including £220 million for the UK Centre for Medical Research Innovation £69 million will be provided for the Diamond Synchrotron… STEM funding protected to some extent
Some corporate sponsored degrees, more in the pipeline. Morrisons to sponsor 20 Food Manufacturing degrees at Bradford Uni management school; paying fees, £15k allowances and guaranteeing a job but expecting 3+ years service, handling applications outside UCAS, minimal annual leave and proper working hours, instead of usual uni hours GSK to sponsor a module on Nottingham chemistry degrees Harrods planning 2 year sales degrees with Anglia Ruskin Tesco sponsors a pre-degree foundation course in retail with Manchester Met and University of the Arts London HE to becomes more and more commercial
The swing from public to private funding is hugely controversial, with no real debate or consultation This spending review looks an entire generation in the eye and says youre on your own Aaron Porter, NUS President Its a massive gamble to attempt a more diverse, privatised market to these timescales Its also a huge assumption that the market is an appropriate mechanism for determining where students go to university, teaching standards and quality Some heroic assumptions (1/2)
Tough trade offs of price vs quality in a differentiated market A differentiated fee system may leave some providers vulnerable: the apparent absence of any recognition of public interest in the health and well-being of those universities is to be regretted Higher Education Policy Institute Markets come with the prospect of failure, some may not be able to charge enough or provide a quality service Brownes suggestion of growing the number of students by 10% is confusing; on the one hand liberalising (e.g. cap on university numbers removed), on the other restricting (budget constraints, minimum UCAS points for entry) Some heroic assumptions (2/2)
Impact of new immigration cap on lucrative foreign students? Access / social inclusion agendas? Rising expectations of students? Value of HE beyond £? Eligibility of loans and providers? How to cap student numbers? Some big outstanding questions... If youve got any ideas do let us know... The devil, as ever, will be in the details: March White Paper Pearson Centre for Policy and Learning book forthcoming in April; The future of Higher Education. Short essays from ten leading thinkers. Suggestions, input and collaboration very welcome.