the cost and benefits of higher education

Young people know that universities can be a waste of time and money. But which ones? The choice is important, and information is limited.

Of course, the value of university cannot be measured just by the boost to your earnings. But young people deserve as much information as possible so they can decide. I struggle to sympathise with the purists who say this would “financialise” higher education. When I left university in 2006, the average graduate left with £9,670 in debt. Last year, it was more than £20,000. If we did not want young people to see university as a financial decision, we should not have made them pay for it.

Sarah O’Connor, “Shine a light on the disparity of graduate pay by university“, Financial Times, 20 April 2016.

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