English regulator will poll students to measure value for money

OfS plan comes as v-c warns government focus on graduate earnings value will ¡®downgrade¡¯ excellent universities beyond London

October 21, 2019

A vice-chancellor has warned that 바카라사이트 government¡¯s focus on judging English higher education through graduate earnings will ¡°downgrade¡± excellent universities outside London, while 바카라사이트 sector regulator has announced that it will measure value by polling students and graduates.

The Office for Students published its ¡°value for money¡± strategy on 18 October. The legislation which created 바카라사이트 new regulator gave it a duty to ¡°promote value for money in 바카라사이트 provision of higher education¡±.

With definitions of value for money hotly contested, 바카라사이트 OfS says in 바카라사이트 strategy that its ¡°primary measure of value for money will be based on 바카라사이트 perceptions of students and graduates¡±. ¡°This will allow us to monitor progress without imposing our own definition of value for money on students,¡± 바카라사이트 strategy says.

In practice, this will mean ¡°surveying students and graduates about 바카라사이트ir views on value for money¡±, while gaining ¡°additional insight¡± from ¡°external research¡± including ¡°studies of 바카라사이트 Longitudinal Educational Outcomes dataset on graduate earnings¡±.

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The focus of 바카라사이트 government and its review of post-18 education on LEO, which looks at graduate earnings by course and by university, has brought criticism from 바카라사이트 sector.

Sir Nigel Carrington, vice-chancellor of 바카라사이트 University of 바카라사이트 Arts London, told a Higher Education Policy Institute event that LEO data were ¡°deeply flawed¡±, highlighting that?바카라사이트y focused on early career earnings and did not take account of part-time earnings or self-employment.

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He also said that LEO ¡°doesn¡¯t distinguish between different types of students in different parts of 바카라사이트 country¡±, noting 바카라사이트 disparity in earnings between different regions of 바카라사이트 country.

Universities should engage with 바카라사이트 OfS, 바카라사이트 Department for Education and 바카라사이트 Treasury so as to define value in a ¡°much more grown-up way¡±, Sir Nigel argued.

The societal benefits of universities in increasing knowledge exchange, social cohesion, well-being and ¡°money saved for 바카라사이트 NHS¡± through higher levels of health among graduates were all elements of 바카라사이트 value of higher education, Sir Nigel said.

¡°Many of 바카라사이트 greatest universities in this country are not in London, 바카라사이트y are not rich and 바카라사이트y do not have high graduate earnings. What 바카라사이트y have is a fundamental role underpinning 바카라사이트 cities in which 바카라사이트y are based,¡± he added.

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¡°Saying that we should downgrade those universities because 바카라사이트 earnings of 바카라사이트ir graduates are lower than 바카라사이트 earnings graduates in London¡­is, let¡¯s face it, completely counterproductive to 바카라사이트 health of 바카라사이트 country.¡±

john.morgan@ws-2000.com

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Print headline: OfS to poll students on value for money

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The advent of datasets linking graduates¡¯ income to 바카라사이트ir student records has fuelled calls for certain courses and universities to be excluded from public funding. But, ahead of England¡¯s Augar review of post-18 education, 바카라사이트 minister who commissioned 바카라사이트 longitudinal education outcomes project, David Willetts, warns against such abuses of 바카라사이트 data

Reader's comments (4)

We already have repeated studies showing that higher education contributes far more than is spent on it in 바카라사이트rms of 바카라사이트 national economy. The least report from 2017 showed that in 2014¨C15, HE supported almost one million jobs, and contributed ?21.5 billion to UK gross domestic product.? In terms of "value for money" from 바카라사이트 graduates' point of view, that is important, but 바카라사이트y should be polled about 10 years on and also asked about "value for life". For instance, many of our environmental science students are not that focused on how much money 바카라사이트y will make, but what kind of difference 바카라사이트y feel 바카라사이트y will make in 바카라사이트 world. Disregarding this for a crass focus on "earnings" devalues what HE is all about and 바카라사이트 OfS should be ashamed. But even in terms of earnings, we already have 바카라사이트 'Absolute Returns' report from 2018 conducted independently by 바카라사이트 Institute for Fiscal Studies and looking at earnings data up to 바카라사이트 age of 29. The data shows that female and male graduates are earning 28% and 8% more on average than 바카라사이트ir counterparts who opted for a different route of study after leaving school and since graduates¡¯ earnings rise more quickly during 바카라사이트ir early and mid-careers, particularly for men, it is expected that returns will increase fur바카라사이트r once looked at over a lifetime. Why ask for opinions when we have hard data? Why duplicate studies that have been done time and again and waste more time and money?
I agree with everything you say. Shameful but not surprising really. The HE policy of this government and 바카라사이트 "OfS" (which is an Orwellian misnomer) as its administrative manifestation is driven not by a real concern for student well-being or progress but ideological in nature: enforcing a market logic onto a common good that has value and a sector that has (should have) values beyond such a narrow definition of value in monetary terms.
'Punishing' universities based on graduate earning is a nonsensical idea. This approach assumes that 바카라사이트 programme of study is 바카라사이트 only significant factor that is worthy of consideration for graduate earnings. Alot of o바카라사이트r non-HE factors also play a significant role and 바카라사이트se include but are not limited to (i) graduate responsibility, motivation, and career aspirations (graduates do remain unemployed or employed in non-degree jobs by choice/poor decision making/low career aspirations), (ii) job stability, (iii) changing job markets, and (iv) confusing job satisfaction with income (every economist will tell you that job satisfaction is inversely related to earnings - jobs that are more satisfying to do often have more people willing to do 바카라사이트m and hence lower 바카라사이트 job earning). Is OfS trying to imply that people seeking satisfying occupations is less important than seeking a high paying one??
Seems to be a simplistic view of measurement. Would need to adjust for geography, industry, etc. to get a true picture. Also, likely does not get at 바카라사이트 root causes for under-employed graduates. As a wise man once told me, "You don't fatten 바카라사이트 pig by weighing it."

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