Responding to the Conservative Party’s election pledge to cut low quality degrees, Centre for Policy Studies Research Director, Karl Williams said:
‘As the Centre for Policy Studies has repeatedly highlighted, far too many young people are being suckered into low quality university courses with poor employment outcomes.
‘This is bad for students – who leave university tens of thousands of pounds in debt but with poor graduate employment prospects – but also for the taxpayer, who picks up the tab for the majority of student loans that are never repaid.
‘Using some of the savings to fund an expansion of apprenticeships is undoubtedly a positive step too – studies show that those completing a level 3 apprenticeship are likely to earn between an additional £77,000 and £117,000 over their working life.’
ENDS
Notes to Editor
- Karl Williams is Research Director at the Centre for Policy Studies.
- ‘The Value of University’ can be downloaded here.
- For further information and media requests, please contact Josh Coupland on 07912 485 655 or [email protected].
- The Centre for Policy Studies is one of the oldest and most influential think tanks in Westminster. With a focus on taxation, economic growth, business, welfare, education, housing and green growth, its goal is to develop policies that widen enterprise, ownership and opportunity.
Date Added: Wednesday 29th May 2024
