Value for money in higher education
08 December 2017
Russell Group universities play a significant role in the UK’s economy, generating £86.8 billion each year, through teaching and learning, research and attracting international students to live and study here.
In response to an inquiry launched by the House of Commons Education Select Committee, the Russell Group submitted evidence about the role its members play in delivering value to students particularly as they face an ever-changing jobs market.
But the value is not restricted to economic advantages; the knowledge, skills and personal qualities (such as empathy, curiosity and confidence to challenge received wisdom) acquired by students means they enjoy a range of benefits including better health, higher levels of civic engagement, and increased likelihood of a fulfilling career.
The full evidence submitted by the Russell Group is in the briefing paper below.