Publications in: Economics of Education

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 £15.7 billion. In terms of the […]

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 students. […]

Impact of the Covid-19 Pandemic on University Finances – May 2020

Published: 1 May, 2020

Following the publication of the London Economics’ report for University and College Union on the potential impact of the Covid-19 pandemic on UK higher education institutions’ enrolments and finances, we were asked to present a summary of the analysis by higher education think-tank Wonkhe. The summary presentation providing the key findings is available to download […]

Exploring Trends in Apprenticeship Training Around the Introduction of the Apprenticeship Levy: Emerging Evidence Using a Matched Apprentice-Employer Dataset – January 2020

Published: January, 2020

As part of the Centre for Vocational Education Research, London Economics and the University of Sheffield undertook an in-depth analysis of the available evidence on the composition and distribution of apprenticeship training undertaken in England in recent years (before and after the introduction of the Apprenticeship Levy). To achieve this, we developed a matched apprentice-employer […]

The Economic and Social Impact of the University of Birmingham on the City of Guangzhou

Published: 23 October, 2019

The University of Birmingham has a long-standing history of cooperation with the Chinese city of Guangzhou, covering research, education, public health, and capacity building programmes. London Economics were commissioned to estimate the economic impact on the Chinese economy generated by the University of Birmingham’s collaborative activities in Guangzhou in these areas. Our analysis of this […]

Counting the Cost of the Augar Review – July 2019

Published: 2 July, 2019

Following the publication of the Augur Review in May 2019, London Economics undertook a detailed analysis of the Review’s core recommendations for higher education funding on the Treasury, universities, students and graduates. Focusing on the resource flows associated with the 2018/19 cohort of first-year English-domiciled undergraduate students (studying anywhere in the UK) and EU-domiciled students […]