"Education opens doors, and the expansion of higher education begun under New Labour means that millions of young people who would not previously have gone from school to university have now done so. From 336,000 places accepted in 1997, the total rose by 68% to 563,000 in 2022. In last year's student experience survey, just 11% of undergraduates said that they regretted their decision to take a degree."
"Prof Shitij Kapur, the vice-chancellor of King's College London, stressed that one consequence of this increased access has been that degrees no longer confer a virtually automatic graduate job. His likening of a degree to a visa or a chance rather than a guarantee was striking, and he is right that the increased difficulties of graduates in finding suitable work must be taken seriously."
Expansion of higher education since New Labour increased university entrants from 336,000 in 1997 to 563,000 in 2022, a 68% rise. Only 11% of undergraduates reported regretting their degree in the latest student experience survey. Degrees no longer guarantee graduate jobs; some see a degree as a visa or chance rather than a guarantee. Rising student debt and less favourable loan terms compound graduates' difficulties and have contributed to a decline in university attendance since the 50% target was reached in 2017. Universities face financial pressure from reduced public funding, precarious academic careers, and a new 925 levy per international student from 2028.
#higher-education-expansion #graduate-employment-prospects #university-funding-pressures #international-student-levy
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]