Publications in: Economics of Education

Your Future | Their Future: Impact of the Department for Education’s Marketing Campaign – January 2019

Published: 07 January, 2019

London Economics were commissioned by the Department for Education to assess the impact and cost effectiveness of the Your Future | Their Future marketing campaign aimed at improving teacher recruitment in England. Combining information on website hits and website registrations, UCAS applications and marketing activities (and costs) over the period from 1st September 2012 to […]

The Economic, Social and Cultural Impact of the University of York – January 2019

Published: 09 January, 2019

We were commissioned by the University of York to analyse its economic, social and cultural impact across the United Kingdom, focusing on the University’s activities in the 2016-17. The analysis focused on four major strands of economic impact. Specifically, in addition to the direct, indirect and induced impact associated with the University of York’s physical […]

Estimating the Costs Associated with the Student Support Offer – December 2018

Published: 10 December, 2018

Following publication in the Telegraph of some possibilities emerging from the Augar review, London Economics have estimated the economic cost associated with reducing annual tuition fees to £6,500 (with no additional Teaching grant); removing real interest rates; and reducing the repayment threshold to £21,000. The result is a £2.8 billion reduction in funding (per cohort) […]

Fees, Funding and Fairness – Estimating the Costs Associated with the Student Support Offer – November 2018

Published: 05 November, 2018

London Economics presented an analysis of some of the factors affecting higher education fees and funding; the potential alternatives that might be possible; as well as the role of the ONS’ treatment of student loans in the National Accounts at the 2018 WONKFEST annual conference.

Understanding the Limitations of Graduate Outcome Measures in Higher Education – September 2018

Published: 8 October, 2018

The structure and level of higher education student support funding continue to be key policy questions for the UK Government. Perceived as financially unstable, the current arrangements have recently been the subject of numerous Parliamentary reports on higher education fees and funding. In parallel to these reviews of the current structure of student support arrangements, […]

The Economic and Social Impact of Cardiff University in 2016-17

Published: 16 October, 2018

London Economics were commission by Cardiff University to estimate their economic and social impact in 2016-17 following two previous pieces of research relating to 2012-13 and 2014-15. Teaching more than 16,315 first-year students in 2016-17, and employing 5,875 full-time equivalent staff, the total economic impact associated with Cardiff University’s activities across the UK was estimated […]

Estimating the Returns to Part-time Undergraduate Degrees – September 2018

Published: 10 September, 2018

London Economics were commissioned by The Open University to undertake an analysis of the net graduate premium and net Exchequer benefit associated with undergraduate degrees undertaken on a part-time basis. The key findings indicated that The net graduate premium achieved by a representative English-domiciled student in the 2015-16 cohort completing a part-time undergraduate degree at […]

The Economic Impact of Group of Eight Universities (Australia)

Published: 15 August, 2018

London Economics were commissioned by the Group of Eight universities in Australia to undertake an analysis of the economic contribution of their members universities to the Australian economy. The analysis focused on the 2016 academic year, and estimated the impact associated with the universities’ world-class research, the direct, indirect and induced impacts of the institutions’ expenditures, educational exports and the […]

Estimating the Costs Associated with the Student Support Offer – July 2018

Published: 03 July, 2018

London Economics recently presented an analysis of the current higher education fees and funding arrangements – and possible alternatives – at the Wonkhe conference “Proceed with Caution”. The full presentation is available here.

Settling the Counterfactual Debate: Is There a Preferable Counterfactual when Estimating the Returns to Vocational Qualifications? – April 2018

Published: 11 April, 2018

Using information from the Longitudinal Education Outcomes (LEO) data set, it is now possible to compare the characteristics and estimates for learners with different qualifications encompassing both types of counterfactuals used in the extant literature: learners in possession of qualifications at the ‘level-below’ and learners enrolling in similar vocational qualifications but failing to achieve (‘non-achievers’). […]