Publications in: Education

The Costs and Benefits of International Students by Parliamentary Constituency – January 2018

Subsector:Labour market economics
Published: 11 January, 2018
Document type:Report

Given the continuing political debate about the inclusion of international students in UK migration targets, and the limited number of analyses of their net economic impact to date, London Economics were commissioned by the Higher Education Policy Institute (HEPI) and Kaplan International Pathways to undertake a detailed analysis of both the benefits and costs to […]

Read more

Estimating the Costs Associated with the Student Support Offer – December 2017

Subsector:Education
Published: 13 December, 2017
Document type:LE publication

London Economics’ modelling estimates that the recent decision of the government to raise the repayment threshold on student loan repayments to £25,000, alongside an increase in the interest rate thresholds will cost approximately £2.85 billion a cohort. Breaking down this estimate, the additional Exchequer expenditure includes £1.09 billion in costs associated with the lower level […]

Read more

The Economic Impact of Russell Group Universities – November 2017

Subsector:Labour market economics
Published: 02 November, 2017
Document type:Report

London Economics were commissioned by the Russell Group to undertake an analysis of the economic contribution of their 24 members universities to the UK economy in 2015-16. The analysis estimated the impact associated with Teaching and Learning activity (here), world-class research (here), educational exports (here) and the direct, indirect and induced impact associated with the […]

Read more

Reforming Student Finance to Increase Fairness and Widen Access – November 2017

Subsector:Labour market economics
Published: 16 November, 2017
Document type:Report

London Economics was commissioned by the Sutton Trust to analyse the cost to graduates, higher education institutions and the Exchequer associated with a range of student support scenarios, including combinations of: means-tested tuition fees based on household income; the re-introduction of maintenance grants to 2015/16 levels before their abolition; and changes to the interest rates […]

Read more

The Journey from Childhood Skills to Adult Financial Capability – Analysis of the 1970 British Cohort Study – November 2017

Subsector:Education
Published: 20 November, 2017
Document type:Report

The Money Advice Service believes childhood and adolescence are vital times to influence future financial capability and that what happens in these years can have profound effects on financial outcomes. Too little is known about the factors in childhood and adolescence that contribute to long term financial outcomes. This research aims to contribute to filling […]

Read more

Peer Effects and Social Influence in Post-16 Educational Choice – November 2017

Subsector:Labour market economics
Published: 20 November, 2017
Document type:Report

Following the increase in the education participation age, individuals are now required to study towards either a vocational or academic qualification until their 18th birthday once they have completed their GCSEs. However, there is currently relatively little understanding of the factors which determine which route learners choose to follow. Attainment in secondary school is clearly […]

Read more

An Economic Assessment of Skill Gaps on Firm Productivity – November 2017

Subsector:Labour market economics
Published: 27 November, 2017
Document type:Presentation

London Economics has undertaken research for Filtered, an online training platform, providing comprehensive insight into employer demand for skills driven by skills gaps. Using the 2015 wave of the Employer Skills Survey (ESS), we found that skills gaps have a significant effect on a number of business outcomes, including losing business to competitors, delaying development, […]

Read more

The Payoff to Vocational Qualifications: Reconciling Estimates from Survey and Administrative Data – December 2017

Subsector:Labour market economics
Published: November, 2017
Document type:Report

Estimating the wage differentials associated with particular qualifications has increasingly become part of the general ‘returns to education’ literature. Two particular strands of the literature looking at such qualifications can be identified: the first uses data on individuals obtained through representative sample surveys, such as the Labour Force Survey (LFS) in the UK, while the […]

Read more

The Earnings Differentials Associated with Vocational Education and Training Using the Longitudinal Education Outcomes Data – October 2017

Subsector:Labour market economics
Published: October, 2017
Document type:Report

For the first time, the matched Longitudinal Education Outcomes has been made available for analysis of qualification attainment and labour market outcomes in England. Using comprehensive information from different school, Further Education and Higher Education data sources, we estimate the association between achieving vocational qualifications at different levels of the Regulated Qualifications Framework and labour […]

Read more

How is the Demand for Part-time Higher Education Affected by Changing Economic Conditions? – September 2017

Subsector:Education
Published: 13 September, 2017
Document type:LE publication

There has been a substantial fall in the number of part-time students enrolled in higher education over the past decade, with the decline being particularly apparent amongst English higher education providers. In contrast, the number of full-time student enrolments has been on an upward trend. In parallel, the wider economy has seen both a deep […]

Read more