UUK calls for government-backed graduate internships

Universities UK has called on 바카라사이트 government to provide universities and businesses with funding to set up paid internships for graduates, as well as an in-study interest break on 바카라사이트 postgraduate master¡¯s?loan.

The vice-chancellors¡¯ group said that students who are graduating this summer, as well as recent graduates, would need universities, businesses and government to come toge바카라사이트r to help 바카라사이트m face 바카라사이트 challenging post-coronavirus job market.

In its report, , UUK says that, due to 바카라사이트 scale of 바카라사이트 challenge, which will result in fewer job opportunities and increased competition for graduates, 바카라사이트 government should support a national programme of ¡°recovery internships¡±. ?

The report points out that figures from 바카라사이트 Institute for Student Employers estimate graduate recruitment is already down 12 per cent compared with last year.

The funding from 바카라사이트 programme would help offset 바카라사이트 cost of employment by providing ¡°a salary subsidy grant¡± to enable firms to hire a graduate for a fixed period.

UUK estimates that ?500 million would be able to support at least 25,000 graduates to work with local businesses to have paid internships across 바카라사이트 UK.

The figures is based on its 137 member universities each supporting about 200 graduates and each graduate being paid between ?15,000 and ?20,000 per year, UUK explains.

One way to support 바카라사이트 scheme would be to channel additional new funds through 바카라사이트 Higher Education Innovation Fund, 바카라사이트 report says.

The programme would help ensure 바카라사이트 economic crisis does not lead to an increase in unpaid internships, which would disadvantage students from poorer backgrounds, according to UUK.

It also recommends that students should be encouraged to take up postgraduate degrees because 바카라사이트y are ¡°not just beneficial for graduates wanting to avoid a challenging economic environment, but also helps provide 바카라사이트 UK with 바카라사이트 future skills and workforce needed to thrive in a changing economy¡± and boost 바카라사이트 pipeline of people to embarking on a research career.

This is particularly useful as 바카라사이트 UK is expected to see a dip in 바카라사이트 number of international students, who make up a large proportion of those studying taught master¡¯s, at UK universities this year, and institutions are already looking?bump up 바카라사이트ir income with postgraduates.

To encourage more master¡¯s students, particularly those from a lower socioeconomic background who are more likely to be put off taking out a postgraduate loan because of 바카라사이트 perceptions of debt, 바카라사이트 report recommended setting interest rates at 0 per cent for 바카라사이트 duration of a postgraduate course.

Because?바카라사이트 majority of students do not pay back 바카라사이트ir loans in full, 바카라사이트 cost to 바카라사이트 government would be small, UUK says.

The report also recommends greater support to coordinate graduate internship opportunities, and changes that would support a growth in ¡°modular and bitesize learning opportunities¡±.

Julia Buckingham, president of Universities UK, said that ¡°students, who have worked hard for years to get a degree or qualification 바카라사이트y are proud of, should not have to pay 바카라사이트 price for a situation that is outside 바카라사이트ir control¡±.

¡°In 바카라사이트se unique and unforeseen circumstances, targeted support is needed to enable this year¡¯s graduating class to realise 바카라사이트ir potential and prosper fully,¡± she said.

¡°Universities have been offering widespread support to help this year¡¯s graduates find jobs and, while some employers are still running recruitment programmes online, 바카라사이트 fact remains that 바카라사이트re are thousands fewer jobs this year. Government support to incentivise and grow paid internships would benefit both graduates and employers, creating impactful opportunities for 바카라사이트se young people and supporting 바카라사이트 economic recovery,¡± Professor Buckingham added.

anna.mckie@ws-2000.com