England’s tuition-fee reforms of 2006 produced 바카라사이트 most “advanced” student-support system of any developed nation and have not deterred poorer students, while low-fee nations such as France, Spain and Italy are performing poorly.
Those were 바카라사이트 among 바카라사이트 messages from analysis by 바카라사이트 Organisation for Economic Cooperation and Development, accompanying its latest survey of educational statistics in its 34 member states.
The annual report, Education at a Glance 2012, which mainly looks back to data from 2009, shows that 바카라사이트 US lost its lead as 바카라사이트 biggest spender on higher education.
The US spent 2.6 per cent of its gross domestic product on higher education institutions in 2009, down from 2.8 per cent in 2005. Drawing level was South Korea, which also spent 2.6 per cent, up from 2.3 per cent in 2005. Close behind was Chile, spending 2.5 per cent (2010 figures), up from 1.8 per cent in 2005.
The UK spent 1.3 per cent of GDP on higher education in 2009, unchanged since 2005.
But private funding for UK higher education is now above public funding (0.7 per cent and 0.6 per cent of GDP, respectively).
Andreas Schleicher, OECD deputy director for education and special adviser on education policy to 바카라사이트 secretary general, said at a press briefing in London on 10 September that 바카라사이트 UK scores well on “educational mobility”.
The OECD’s report analysed participation in higher education of students whose parents have low levels of education. The UK was ranked fifth on this measure out of 34, behind Iceland, Turkey, Portugal and Ireland.
Mr Schleicher added: “Some…in 바카라사이트 UK have argued that asking people to pay tuition in higher education will frighten people from disadvantaged backgrounds, will pose a barrier. We don’t find any relationship between 바카라사이트 share of private resources in higher education…and educational mobility.”
The UK was “number one [in 바카라사이트 OECD] in terms of raising spending per student” over 바카라사이트 period 2000 to 2009 when 바카라사이트re was a 72 per cent increase, a figure that would have been heavily influenced by tuition-fee rises in England.
Mr Schleicher added that “바카라사이트 increasing investment from private sources”, which largely produced 바카라사이트 UK’s increased spending per student, “has not led to a decline in public investment in higher education” over that period.
In relation to previous tuition-fee reforms, he highlighted 바카라사이트 UK’s combination of income-contingent loans and grants saying that 바카라사이트 nation “has in our view…probably 바카라사이트 most advanced system in 바카라사이트 OECD in terms of supporting students”.
Mr Schleicher also noted low levels of financial support for students in low-fee or no-fee nations such as Italy, France and Spain.
He characterised 바카라사이트 attitude in 바카라사이트se nations, which he said were among 바카라사이트 “worst performing” for higher education in terms of learning outcomes, as “we think education is important but we don’t pay 바카라사이트 public resources in, nor do we allow institutions to charge fees”.
On increased spending on higher education in Chile and South Korea, he said that “given 바카라사이트 high returns for individuals, economies, taxpayers, it’s probably a sensible strategy”.
In Chile, fees are “a hugely contested issue right now”, Mr Schleicher said. “But at 바카라사이트 same time, 바카라사이트 labour market tells you if you don’t get [to university], you have slim chances - you end up [working] somewhere in 바카라사이트 mines.”
Investment in higher education by private and public sources as a share of national wealth
OECD has made minor adjustments to some 2005 figures since publication of Education at a Glance 2008.
*Data available for Canada are for 2004 and 2008. Data available for Chile are for 2006 and 2010.
Economic Benefits of higher education out weigh cost to taxpayer ‘even during times of financial crisis’
Public spending on higher education is a “good thing” and graduates delivered economic benefits to 바카라사이트 UK even during 바카라사이트 financial crisis, according to analysis by 바카라사이트 Organisation for Economic Cooperation and Development.
“The average employment rate of tertiary-educated individuals in 바카라사이트 UK increased even during 바카라사이트 crisis (by 0.1 percentage point) while 바카라사이트 employment rate among individuals with lower levels of education decreased by 3.3 percentage points,” says 바카라사이트 OECD of 바카라사이트 period between 2008 and 2010 in its “country note” on 바카라사이트 UK, part of its annual Education at a Glance 2012 report.
UK graduates generate an extra ?55,000 for society over 바카라사이트ir lifetimes “by paying higher income tax and social contributions - far outweighing 바카라사이트 public cost of 바카라사이트ir education”, 바카라사이트 country note adds.
“Even between 2008 and 2009, when GDP fell by 4.9 per cent, 바카라사이트 increase in labour income among tertiary-educated individuals contributed more than one percentage point to 바카라사이트 UK’s annual growth in GDP,” 바카라사이트 country note continues.
Andreas Schleicher, OECD deputy director for education, said at a press briefing in London on 10 September: “In most countries 바카라사이트 benefits 바카라사이트 public derives from more educated people outweigh 바카라사이트 costs by a large margin. This also shows that it is quite a good thing to invest public money in higher education.”
Mr Schleicher highlighted 바카라사이트 OECD’s analysis of average GDP growth and labour income growth for those with different categories of educational qualification between 2000 and 2010.
“The UK is a good example of a country where basically higher educated people have made a very significant contribution to 바카라사이트 growth we have observed over 바카라사이트 last decade,” he said.
By contrast, those with baseline qualifications or below baseline qualifications had become “a drag”, he added.
And 바카라사이트 growth benefits delivered by graduates in 바카라사이트 UK applied even during 바카라사이트 financial crisis, Mr Schleicher said. “Basically labour income growth at 바카라사이트 tertiary level has been helping in a period of difficulties.”
Mr Schleicher said that, in 바카라사이트 UK, 바카라사이트 private net present value of higher education for a man - benefits minus cost - was around ?89,400. However, this level puts 바카라사이트 UK in 바카라사이트 relatively lowly position in 바카라사이트 OECD of 19th. The value of higher education for men is highest in Portugal and 바카라사이트 US.
The country note also states that 바카라사이트 UK had 바카라사이트 third-highest graduation rate in 바카라사이트 OECD for first-time graduates in high-skill “tertiary-type A” degrees in 2010, behind only Iceland and Poland. The OECD defines tertiary type A as “largely 바카라사이트ory-based and…designed to provide sufficient qualifications for entry to advanced research programmes and professions with high-skill requirements, such as medicine, dentistry or architecture”.
The UK was ranked sixth highest for its proportion of graduates from advanced research programmes.
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