Fiscal 2023 medians for U.S. private not-for-profit universities show institutions faced pressure from enrollment and funding downturns. Read our report: https://okt.to/lPTSx5
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Times Higher Education -'Unprecedented' fall in entry rate for disadvantaged students It is sad news this year for disadvantaged students, as the entry rate has fallen from 24.7 per cent last year to 23.1 per cent in 2023, which modelling has shown was the largest drop on record. This is such a step backwards and I am sure it is in part due the cost of living crises, but also in results as the these have fallen so much this year as well. This should prompt investigations into how students can be given further support, and how the financial support is clearly not as full as it needs to be. https://lnkd.in/eETjr6_r
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Every additional year of education increases an individual’s earnings by about 9-10%. A recent comparable dataset (tinyurl.com/3sb8v9c9) even showed that returns are up to 2 percent higher for women than men, hence underpinning the importance of girls' education. These figures remind us that education is not just an urgent social imperative—it can be a powerful force to increase wages and grow the tax base for governments. Are you planning to pursue your formal education? Which programs are you considering? Momo Bertrand
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Delivering Marketing Solutions, Paid Ads (Social & Google Ads) and Social Media Management📩🎥👨🏻💻 Providing TRUTH and TRANSPARENCY behind marketing💰🖥 Building SUSTAINABLE marketing! My views are my own!
The government promises an all-time-high funding budget of almost £60 billion for the school year of 24/25! This will be the largest budget for education in the history of our country however, does it align accurately with the rate of inflation or are we still under-cutting the education of the future of our country? See here - https://lnkd.in/erjviF9t #education #newbudget #economy #teaching #ukschools
Government funding for schools in England at a record high
gov.uk
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Looking to the #future, how #universities are funded needs to change. It is highly unlikely any more funding will be forthcoming from the government, with many demands on the public purse & universities at the bottom of the list when it comes to priorities. It is hard to argue that compulsory #education & health should not be prioritised over #highereducation post-pandemic, with #highered having received that windfall in overseas revenue over the last three years. What if we shifted the narrative? Far too often students are referred to by the public, government, & even universities themselves as a cost – the cost of teaching them! We could instead see students as a #university “asset” not a cost. If universities are to fulfil their social contract, there should be a direct link between those #graduating from #university progressing into employment, raising productivity, & therefore driving economic growth. In truth universities should be seen as economic growth engines, not education cost centres. See Wonkhe article in comments “MPs announced an investigation into British universities' dependence on income from international students. The Commons #education committee will look at whether institutions are overusing #overseasstudents to cover budget shortfalls. Domestic #undergraduate tuition fees have been frozen at £9,250 since 2016, but leading universities are able to charge about £26,000 a year for international undergraduates. The Russell Group of Universities, which represents the top universities, said changes in government policy had led to a fall in numbers of #internationalstudents, & further restrictions risked destabilising the sector. CE0 Dr Tim Bradshaw said: 'Growing funding shortfalls for domestic #teaching & #research means cross-subsidy from other sources – primarily international fees – has become increasingly important to the sector's financial health.' University and College Union (UCU) said the higher education funding model was 'broken' & needed radical change. General secretary Jo Grady said: 'The Tories seem intent on making the situation worse through constant attacks on migrant students & workers. 'The #graduatevisa route must now stay, the limits on #graduatestudents' family members coming to the UK should be reversed & the salary threshold needs to be lowered. An employer #education levy could pay for a publicly funded #highereducation system instead of #tuition fees.' The Department for Education said: '#Universities are independent from Government, & it is for them to decide on how best to manage their finances. Along with the Office for Students we will continue to monitor financial sustainability in the sector.'” Asia Careers Group SDN BHD - Investing in International Futures AGCAS British Council BUILA Department for Business and Trade Higher Education Policy Institute Institute of Student Employers UCAS UKCISA Universities Scotland Universities UK Universities UK International
Universities on the brink of collapse amid funding crisis
dailymail.co.uk
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Information Technology Specialist 👨🏽💻📡 | Renewable Energy Advocate🔋♻️ | Cinematographer 📽️🎬 | Human Rights Activist 🗣️⚖️ | Atheist 🌌⚛️
40% of UK universities are facing budget deficits this year, marking an average loss of £2,500 per student. But what does this mean for higher education? Declining domestic student fee income, combined with international student recruitment restrictions, has created a financial storm. Universities are forced to rethink their revenue models. This situation urges the academic community to explore new funding avenues. Online education and partnerships with industry may offer sustainable solutions to this crisis. The question is, how will universities adapt? Share your thoughts on how higher education can innovate to overcome financial challenges #UKuniversities #budgetdeficits #highereducation #studentfees #internationalstudents #revenuemodels #fundingavenues #onlineeducation #industrypartnerships #financial #ReachifyMe
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Investing in youth by providing quality education is one of the best actions we can take. This action enables them to be decently employed and start repaying to support the next generation through the ISA model, "Study Now, Pay Later." If you missed the summit, you can access it via this link. https://lnkd.in/dd_RiJWU
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nepalese: nepali: private: schools: convert: by government: to trusts: all student unions: no business in education: https://lnkd.in/dUJeAWRY
Student unions one on converting private schools into trusts
kathmandupost.com
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Exciting updates from Third Way in their second annual Economic Mobility Index (EMI)! This metric measures how well four-year institutions help improve their students’ long-term socioeconomic standing, and it served as the model for the Research Institute at Dallas College’s Economic Mobility Index for Two-Year Institutions (EMI2) in 2022. The EMI found that Hispanic-Serving Institutions (HSIs), made up approximately 35% of the 281 institutions in the index’s top tier of performers for improving economic mobility. The EMI2 found similar results: 27% of the two-year institutions providing the best socioeconomic returns for students are HSIs. Community colleges constitute 85% of top performers in the EMI2. Dallas College is proud to be both an HSI and community college helping provide our students upward mobility! Learn more about EMI2 and check back soon for 2023 dashboard updates: https://lnkd.in/e4bXRGMu
The second annual analysis by Third Way found that minority-serving institutions continue to provide students with more economic opportunity and mobility. #HigherEd https://bit.ly/3OROl4K
Minority-serving institutions lead on economic mobility
insidehighered.com
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Education Inflation is at around 12% p.a.*, which means that a 20 lac degree now will cost around 1 crore in the next 15 years. Will you take a high-interest education loan later on? Read this article where LXME’s Founder, Priti Rathi Gupta helps you plan for your kid’s education.
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👉🏽 A recent article by Financial Times about University students facing the cost of living crisis states that students, without parental support, would need to work 19 hours a week at the minimum wage £8.60 to reach the basic standard of living. This aligns with our findings in our recent Youth Forum which found that: ⭐44% of students are working between 11 and 20 hours per week ⭐80% work all year-round ⭐53% earn minimum wage The FT article states that government maintenance support is the lowest it's been for a decade meaning that Undergraduates are having to supplement their loans to study at university. Rachel Hewitt CEO, MillionPlus - The Association for Modern Universities says "that without changes, access to higher education would start to slide backwards." Download our report here for our latest stats on Students Attitudes to Earning Money: https://lnkd.in/ghjrTSrZ The full FT article: https://lnkd.in/g-PbmhT6 #Students #Working #CostOfLiving
University students in England face ‘cost of learning crisis’, data suggests
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