Tag Archives: economics of education

Apprenticeships and Social Mobility – June 2020

Sector:Education and Labour Markets.
Client:Social Mobility Commission
Published: 24 June, 2020
Document type:Report

London Economics were commissioned by the Social Mobility Commission to undertake an analysis of the impact of the Apprenticeship Levy on the outcomes of learners from disadvantaged backgrounds. Announcing the publication of the report, the Commission said that the apprenticeship system is failing disadvantaged young people and Covid-19 will make it worse. Learners from disadvantaged […]

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Impact of the Covid-19 Pandemic on University Deferral Rates and Student Switching – May 2020

Sector:Education and Labour Markets.
Client:University and College Union
Published: 20 May, 2020
Document type:Report

As part of our ongoing work with the University and College Union on university finances, London Economics commissioned YouthSight to survey undergraduate applicants to assess the potential impact of the Covid-19 pandemic on UK higher education enrolments. We asked respondents two questions about attitudes towards deferral – one relating to a ‘business as usual’ scenario […]

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Qualified for the Future: Quantifying Demand for Arts, Humanities and Social Science Skills – May 2020

Sector:Education and Labour Markets.
Client:British Academy
Published: 7 May, 2020
Document type:Report

Graduates in the arts, humanities and social sciences are just as employable as their counterparts in STEM subjects, fuel some of the fastest-growing sectors in the UK and enjoy rewarding careers in a wide range of sectors. These are the key findings of a new British Academy report examining the employment prospects of graduates from different subject […]

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

Sector:Education and Labour Markets.
Client:Wonkhe
Published: 1 May, 2020
Document type:LE publication | Presentation

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 […]

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

Sector:Education and Labour Markets.
Client:University and College Union
Published: 23 April, 2020
Document type:LE publication

London Economics were commissioned by the University and College Union to consider the potential impact of the Covid-19 pandemic on UK higher education institutions’ enrolments and finances. Combining the impact of the economic downturn with the expected deferral rate due to the uncertainty caused by the pandemic, compared to 2018-19 first year enrolments, approximately 232,000 […]

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Understanding the Economic Impact of Skills Gaps – February 2020

Sector:Education and Labour Markets.
Client:Pearson
Published: 10 February, 2020
Document type:Report

London Economics were commissioned by Pearson to investigate the impact of skills gaps on the performance of UK businesses using data from the 2017 Employer Skills Survey (ESS).   A skills gap exists when an employee is deemed to be not fully proficient by their employer. Using information from the 2017 Employer Skills Survey (covering […]

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

Sector:Education and Labour Markets.
Client:Department for Education
Published: January, 2020
Document type:Report

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 […]

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CVER Discussion Papers Published – September 2019

Sector:Education and Labour Markets.
Client:N/A
Published: August, 2019
Document type:

The Centre for Vocational Educational Research, established in March 2015, brings together 4 partners who are experts in the educational arena, including London Economics. Recently, two discussion papers looking at labour market outcomes and progression in further education. More details and links to the papers are provided below.   Labour market outcomes disaggregated by subject […]

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Assessing the Economic Returns to Level 4 and 5 STEM-based Qualifications – July 2019

Sector:
Client:Gatsby Foundation
Published: 16 July, 2019
Document type:Report

London Economics were commissioned by the Gatsby Foundation to undertake an assessment of the net graduate premium and net Exchequer benefit associated with Higher Technical Education qualifications at Level 4 and Level 5. For full-time students, the analysis suggests that the net benefits to students undertaking specific STEM-based qualifications at Level 4/5 are substantial (and […]

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BBC Radio 4 – The University Time Bomb – March 2019

Sector:Education and Labour Markets.
Client:BBC Radio 4
Published: 03 April, 2019
Document type:Presentation

London Economics recently contributed to the BBC Radio 4 series The Great University Time Bomb. The two-part series hosted by Branwen Jeffreys addressed the many financial issues currently facing the higher education sector ahead of the Augar Review of higher education fees and funding and the Office for National Statistics assessment of student loan accounting treatment. Episode 1 […]

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Wonkhe Podcast on Higher Education

Sector:Education and Labour Markets.
Client:N/A
Published: 15 March, 2019
Document type:Presentation

Listen to London Economics discussing the implications for higher education of the March 2019 OBR Fiscal Outlook and Spring Statement, university accommodation, essay mills and HESA Data Futures: Data, housing, funding and cheating  

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The UK Tax Revenues from International Graduates – March 2019

Sector:Education and Labour Markets.
Client:HEPI/KAPLAN
Published: 21 March, 2019
Document type:Report

London Economics were commissioned by the Higher Education Policy Institute (HEPI) and Kaplan International Pathways to undertake a detailed analysis of taxation receipts accrued by the United Kingdom Exchequer associated with international graduates in the UK labour market post graduation. The analysis focuses on the expected income tax, National Insurance and VAT contributions generated by the 235,325 international students commencing their studies in […]

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

Sector:Education and Labour Markets.
Client:Department for Education
Published: 07 January, 2019
Document type:Report

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 […]

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

Sector:Education and Labour Markets.
Client:Wonkhe
Published: 05 November, 2018
Document type:Presentation

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.

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

Sector:Education and Labour Markets.
Client:GuildHE
Published: 8 October, 2018
Document type:Report

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, […]

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

Sector:Education and Labour Markets.
Client:The Open University
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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Estimating the Costs Associated with the Student Support Offer – July 2018

Sector:Public Policy.
Client:Wonkhe
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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Settling the Counterfactual Debate: Is There a Preferable Counterfactual when Estimating the Returns to Vocational Qualifications? – April 2018

Sector:Education and Labour Markets.
Client:Centre for Vocational Education Research
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

Sector:Education and Labour Markets.
Client:London Economics’ Publication
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

Sector:Education and Labour Markets.
Client:London Economics’ Publication
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

Sector:Education and Labour Markets.
Client:HEPI/KAPLAN
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

Sector:Education and Labour Markets.
Client:N/A
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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Reforming Student Finance to Increase Fairness and Widen Access – November 2017

Sector:Education and Labour Markets.
Client:The Sutton Trust
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 […]

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

Sector:Education and Labour Markets.
Client:Money Advice Service
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 […]

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

Sector:Education and Labour Markets.
Client:Centre for Vocational Education Research
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 […]

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

Sector:Education and Labour Markets.
Client:Filtered
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, […]

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

Sector:Education and Labour Markets.
Client:Centre for Vocational Education Research
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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The Economic Impact of Russell Group Universities – November 2017

Sector:Education and Labour Markets.
Client:The Russell Group
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 […]

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

Sector:Education and Labour Markets.
Client:Centre for Vocational Education Research
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 […]

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

Sector:Education and Labour Markets.
Client:The Open University, Birkbeck University and London South Bank University
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 […]

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The Impact of Student Loan Repayments on Graduate Taxes – July 2017

Sector:Education and Labour Markets.
Client:University and College Union
Published: 20 July, 2017
Document type:Report

London Economics were commissioned by the University and College Union to assess the lifetime costs to higher education students associated with receiving and repaying student loans provided by Student Finance England. In addition to assessing the loan balance on graduation and repayments made, the analysis estimates the effective average and marginal tax rates associated with […]

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An Economic Evaluation of the National Careers Service – March 2017

Sector:Education and Labour Markets.
Client:Department for Education
Published: March, 2017
Document type:Report

London Economics were commissioned by the Department for Education to undertake an evaluation of the National Careers Service. Using information on labour market histories from the HMRC, as well as learner information from the Individualised Learner Record, the analysis involved merging a range of data sets and implementing a Propensity Score Matching model to compare […]

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The Determinants of International Demand for UK Higher Education – January 2017

Sector:Education and Labour Markets.
Client:HEPI/KAPLAN
Published: 12 January, 2017
Document type:Report

London Economics were commissioned by the Higher Education Policy Institute and Kaplan International Pathways to undertake an analysis of the international determinants of UK higher education enrolments. The analysis illustrates the impact of macroeconomic factors (such as a currency depreciation or overseas economic growth), institutional factors (such as UK and US fee levels) and policy […]

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The Determinants of University Selection – January 2017

Sector:Public Policy.
Client:LE Economic Brief
Published: 13 January, 2017 January, 2017
Document type:

Read London Economics’ research brief on the determinants of university selection. The analysis considers the relative importance of fees and funding on the selection of universities, as well as the role of other characteristics (such as rankings). The report also highlights students’ willingness to pay for different university attributes.

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Economic Analysis of Higher Education Fees and Funding in the Health Professions – June 2016

Sector:Public Policy.
Client:UNISON and National Union of Students
Published: 08 June, 2016
Document type:

Following the publication of the recent report on behalf of UNISON and the National Union of Students (here), we have added a short note providing some additional discussion relating to the modelling undertaken and evidence underpinning the analysis. The note is available on the link above.

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Estimating the Impact of Publicly Funded Training on Industry and Firm-level Outcomes – May 2016

Sector:Education and Labour Markets.
Client:Department for Business, Innovation and Skills
Published: 12 May, 2016
Document type:Report

London Economics were commissioned by the Department for Business, Innovation and Skills to undertake an analysis of the impact of publicly funded training on industry-level and firm-level outcomes. To undertake the analysis, researchers at London Economics first matched the Individualised Learner Record, EDS ‘Blue Sheep’ data, and the Inter Departmental Business Register (IDBR), and then […]

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The Impact of the 2015 Comprehensive Spending Review on Higher Education Fees and Funding Arrangements in Subjects Allied to Medicine – May 2016

Sector:Public Policy.
Client:UNISON and National Union of Students
Published: 25 May, 2016
Document type:Report

London Economics were commissioned by UINISON and the NUS to undertake an independent analysis of the impact of the removal of NHS bursaries on prospective students in Allied Health Professions announced in the 2015 Comprehensive Spending Review. The analysis considers the resource flows between the Exchequer, Higher Education Institutions and students/ graduates. Having been launched […]

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The Impact of Literacy, Numeracy and Computer Skills on Earnings and Employment Outcomes – March 2016

Sector:Public Policy.
Client:OECD
Published: 31 March, 2016
Document type:Report

This OECD Education working paper looks at the impact of literacy, numeracy and computer skills on earnings and employment outcomes. Using the 2012 PIAAC data, our analysis confirms that there are significantly higher earnings and employment returns to both increasing levels of formally recognised education, and to increasing levels of numeracy, literacy and Information and […]

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Mind the Gap: Comparing Public Funding in Higher and Further Education – November 2015

Sector:Education and Labour Markets.
Client:University and College Union
Published: 18 November, 2015
Document type:Report

London Economics were commissioned by the University and College Union to undertake a forensic analysis of the public funding associated with Higher and Further Education across the Home Nations of the United Kingdom. The analysis demonstrates the significant differences in public funding between the different education paths in England, but also the fundamental differences across […]

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The Economic and Social Impact of Cardiff University – October 2015

Sector:Education and Labour Markets.
Client:Cardiff University
Published: October, 2015
Document type:Report

London Economics undertook an in-depth economic impact analysis on behalf of Cardiff University. The analysis considered the economic  and social impact  of the university on the UK economy covering teaching and learning activities, research, the direct, indirect and  induced effect associated with the university’s physical footprint, as well as its contribution to exports arising from […]

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It’s the Finance, Stupid! The Decline of Part-time Higher Education and What to Do About It – October 2015

Sector:Education and Labour Markets.
Client:N/A
Published: 29 October, 2015
Document type:Report

London Economics have contributed to a new Higher Education Policy Institute (HEPI) Report on part-time higher education. The analysis by Dr Gavan Conlon and Maike Halterbeck contrasts the methodology underpinning current official estimate of the RAB charge and that presented in previous work undertaken by London Economics for million+ and the IPPR. Given the differences […]

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The Death of the Saturday Job – June 2015

Sector:Education and Labour Markets.
Client:UK Commission for Employment and Skills
Published: June, 2015
Document type:Report

Read London Economics’ report for the UK Commission of Employment and Skills on the extent of young people combining work with study.

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Delivering Value from the Higher Education Estate – April 2015

Sector:Education and Labour Markets.
Client:AUDE/HEFCE
Published: 16 April, 2015
Document type:Report

The Association of University Directors of Estates (AUDE) has published the report ‘Delivering Value from the Higher Education Estate’ produced by Kilner Planning and London Economics. Delivering value from the estate is a core element of the Phase II Review of Sir Ian Diamond’s review into Efficiency and Effectiveness in Higher Education. The report documents […]

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Launch of Centre for Vocational Education Research – 24 March 2015

Sector:Education and Labour Markets.
Client:Department for Business, Innovation and Skills
Published: 24 March,
Document type:LE publication

London Economics are delighted to be announced as a co-contributor to the Department for Business, Innovation and Skills funded Centre for Vocational Education Research. Download details of the launch of the event here.

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