Publications in: Education and Labour Markets

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

Subsector:Higher education
Published: 10 September, 2018
Document type:Report

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 […]

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The Economic Impact of Group of Eight Universities (Australia)

Subsector:Higher education
Published: 15 August, 2018
Document type:Report

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 […]

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

Subsector:Public Policy
Published: 03 July, 2018
Document type:Presentation

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.

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Evaluation of Prisoner Learning – June 2018

Subsector:Labour markets
Published: 07 June, 2018
Document type:Report

London Economics were commissioned by the Department for Education and Ministry of Justice to undertake an analysis of the OLASS4 offender learning in prisons. The analysis combined information from the Individualised Learner Record (on publicly funded training) with Ministry of Justice data relating to prisoners’ criminogenic characteristics and re-offending, as well as earnings and employment […]

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

Subsector:Labour markets
Published: 11 April, 2018
Document type:Report

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’). […]

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The Costs of Amending Student Support Arrangements – February 2018

Subsector:Labour markets
Published: 13 February, 2018
Document type:LE publication

With the potential review of higher education approaching, London Economics have modelled the costs to the Exchequer associated with a reduction in tuition fees to £6,000 and the re-introduction of maintenance grants. The analysis demonstrates that the cost of cutting fees stands at £1.169 billion per cohort, while maintenance grants cost £360 million. Importantly, despite […]

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

Subsector:Higher education
Published: 19 February, 2018
Document type:LE publication

With the potential review of higher education approaching, London Economics have undertaken further modelling of the costs to the Exchequer associated with amending the interest charged on student loans, as well as the abolition of tuition fees. The analysis demonstrates that charging a 0% real rate of interest during study would cost the Exchequer £230 million per […]

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

Subsector:Higher education
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 […]

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

Subsector:Higher 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 […]

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

Subsector:Further education
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 […]

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