Publications in: Economics of Education
Assessing Potential Manifesto Commitments on Higher Education Funding in Wales
| Published: | 26 February, 2026 |
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Ahead of the forthcoming Senedd Election on 7th May 2026, we were commissioned by the Higher Education Policy Institute to assess the resource flows and cost implications associated with the Welsh higher education (HE) funding system. In particular, we analyse the impact of the potential policy positions of Welsh political parties ahead of the 2026 […]
The Economic and Social Impact of United Colleges Group
| Published: | 11 November, 2025 |
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London Economics were commissioned to assess the economic and social impact of United Colleges Group to the United Kingdom. The total economic impact on the UK economy associated with United Colleges Group’s activities in the 2024-25 academic year was estimated at approximately £470 million. Of this total: United Colleges Group’s teaching and learning activities accounted […]
Funding of Tertiary Education in Scotland: What Can We Learn from Elsewhere in the UK?
| Published: | 30 May, 2025 |
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London Economics participated in a two-day conference (on 28th and 29th May 2025) organised by the Royal Society of Edinburgh to discuss the future of the funding of tertiary education in Scotland. As part of a session on what can be learned from elsewhere in the UK, we presented a birds-eye view and comparison of […]
The Economic Impact of the Russell Group Universities’ R&D Activities
| Published: | 28 February, 2024 |
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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 £37.6 billion. In terms of the components of this […]
LE Europe HE Fees and Funding Options in Ireland
| Published: | 4 May, 2022 |
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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 |
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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 Economic Impact of the University of Glasgow – October 2021
| Published: | 27 October, 2021 |
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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 £4.4 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 |
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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 |
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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 |
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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 […]