Publications in: Economics of Education

A Guide to Privatisation – Best Practices and Procedures

Published:16 February, 2023

Many countries have privatised some or all of their State-Owned Enterprises in order to improve the efficiency of their economies and raise revenues for the government. Some of the privatisation experiences have been more successful than others and a wealth of knowledge on what works in a privatisation has been accumulated over the last 40 […]

The Economic Impact of the Russell Group Universities’ R&D Activities

Published:28 February, 2024

London Economics were commissioned to assess the economic impact of research and commercialisation activities undertaken by the 24 Russell Group universities on the UK economy. Our analysis estimates that the total economic impact of the Russell Group’s core research and commercialisation activities in 2021/22 was approximately ÂŁ37.6 billion. In terms of the components of this […]

LE Europe HE Fees and Funding Options in Ireland

Published:4 May, 2022

London Economics’ sister company, LE Europe, as part of the AARC Consortium (incorporating AARC, LE Europe and Indecon) were commissioned by the European Commission’s Directorate-General for Structural Reform Support (DG REFORM) to provide an analysis of the sustainability of higher education (HE) and further education and training (FET) in Ireland. The project’s general objective was […]

Economic Impact of the University of Oxford – October 2021

Published:5 October, 2021

London Economics were commissioned to analyse the economic impact of the University of Oxford on the UK economy, focusing on the 2018-19 academic year. The analysis identified that: The total economic impact on the UK economy associated with the University of Oxford’s activities in 2018-19 was estimated at approximately ÂŁ15.7 billion. In terms of the […]

The Economic Impact of the University of Glasgow – October 2021

Published:27 October, 2021

London Economics were commissioned by the University of Glasgow to undertake an economic contribution to the United Kingdom. The analysis identified that: The total economic impact on the UK economy associated with the University of Glasgow’s activities in 2018-19 was estimated at approximately ÂŁ4.4 billion. In terms of the components of this impact, the value […]

The Costs and Benefits of International Higher Education Students to the UK Economy – September 2021

Published:09 September, 2021

With 496,000 international students studying for qualifications at higher education institutions across the United Kingdom – equivalent to 20% of all HE students – international students contribute significantly to the economic and social prosperity of the United Kingdom, both in the short term during their studies as well as in the medium to longer term […]

The Economic Cost of Providing Potential Refunds to Students During the Covid 19 Pandemic – June 2021

Published:1 June, 2021

London Economics were commissioned by the LSE and University of Sheffield Students’ Unions to undertake a piece of analysis on higher education fees and funding. Underpinned by the significant financial constraints facing higher education institutions as a result of the pandemic, we were tasked with analysing a range of alternative approaches to provide domestic students […]

The Cost of Amending Repayment Thresholds Alongside Changes in Interest Rate and Loan Repayment Period – June 2021

Published:10 June, 2021

London Economics were commissioned by the Higher Education Policy Institute to undertake some modelling of higher education fees and funding arrangements. Based on the current system of repayments facing the 2020-21 cohort of undergraduates, we were asked to model the resource impact on the Exchequer of the removal of real interest rates, the possible extension […]

The Net Exchequer Impact of Increasing Pay for Agenda for Change Staff

Published:18 January, 2021

Corresponding to approximately 4% of employees in England, there are currently just over 1 million nurses, midwives, allied health professionals, and NHS support staff covered by the Agenda for Change (AfC) Pay framework in England. Since 2010-11, pay levels at every single AfC spine point have lagged behind inflation, resulting in a significant decline in […]

The Economic and Social Impact of The Open University

Published:6 November, 2020

  London Economics were commissioned to analyse the economic and social impact of The Open University across the United Kingdom in 2018-19. To capture the economic impact of the University, we generated estimates of the economic benefits associated with the University’s formal teaching and learning activity associated with the 2018-19 cohort of UK-domiciled Open University […]

An Unintended Consequence of Staff Casualisation: the Effect on Student Satisfaction

Published:17 July, 2020

London Economics’ Rhys Williams has contributed a blog article on the HEPI website, exploring the relationship between student satisfaction at Higher Education Institutions and the level of teaching conducted by casual staff. The key finding is that loading teaching on casual staff reduces student satisfaction. As a consequence, universities should think twice before considering cutting […]