The long-term costs to government of fewer university students are greater than any short-term savings
This is why million+ has partnered with the consultancy firm London Economics to review the higher education balance sheet. What's the value of a degree? – the first in a series – investigated the overall economic costs and benefits of investment in higher education to the treasury, taxpayer and graduates. The report also examined the economic consequences of lower levels of participation in higher education in 2012 arising from the transition to the new funding system in England.