Further & Higher Education 2014
- ID: 2754506
- January 2014
- Region: United Kingdom
- 52 Pages
- Key Note Ltd
This Market Update covers the UK further education (FE) and higher education (HE) sectors. This includes all types of colleges and universities, including adult education institutions, specialist colleges and business schools.
The UK is widely regarded as one of the leading providers of education in the world. Its university sector in particular draws bright students from all over the globe. Three UK universities (the University of Oxford, the University of Cambridge and the London School of Economics and Political Science [LSE]) have a more or less fixed presence in top ten world rankings, while many others appear in the top 50.
Both sectors have undergone many changes in recent years, including funding cuts and significant hikes in the cost of learning. This includes the capping of the cost of a typical undergraduate degree at £9,000 per year (previously £3,290). The cost of certain FE courses, for students aged 24 and over, has also risen. Most students affected by these changes are eligible for loans, although the prospect of starting working life with a large debt has pushed some students towards other learning options, such as apprenticeships. Distance learning is also becoming more popular.
The UK's FE and HE sectors are likely to change even more as they attempt to navigate the challenges and changes that the last few years have thrown up. Universities must consider how they will meet the expectations of students now paying considerably more than their predecessors and how they will maintain their global reputations.
The authors predicts that the number of students engaging in FE courses will decrease over the next 5 years, but that the number of people enrolling on HE courses will grow, despite the costs. A key strength of the education sector is that it will always be in demand, no matter how much its services cost. SHOW LESS READ MORE >
1. Market Definition
Types of Institution
Cuts to Funding
University Tuition Fees
Cuts to University Funding in England
Open Educational Resources University Courses
Table 1.1: UK Economic Trends (000, £m, %, million and £), 2008-2012
2. Market Size
THE TOTAL MARKET
Number of Students
Table 2.1: Total Number of Students in Further and Higher Education in the UK
Figure 2.1: Total Number of Students in Further and Higher Education in the UK
Table 2.2: Total Education Expenditure for Further and Higher Education in the UK
Figure 2.2: Total Education Expenditure for Further and Higher Education in the UK
Number and Type of Institution
Table 2.3: Number of Further and Higher Institutions
in the UK, 2008/2009-2012/2013
BY MARKET SECTOR
Advanced Learning Loans
More Choice and Variety
Scottish and Welsh Colleges Merge.
FOREIGN STUDENTS AND FOREIGN UNIVERSITIES
Overseas Students in the UK
UK Students Going Overseas
3. Strengths, Weaknesses, Opportunities and Threats
4. Current Issues
Rises in Tuition Fees
Table 4.1: Standard Tuition Fees for Undergraduate Degrees (HOME/EU students)
at Selected Universities in the UK (£), 2013 Entry
KEY RECENT TRENDS IN HIGHER EDUCATION
Who Goes to University?
Future Fee Rises
Calls for Autonomous Education Council
Gap Between 'Elite' Universities and ‘The Rest'
CHANGES TO FUNDING FOR FURTHER EDUCATION
Further Education in Scotland.
CONCERNS OVER ‘DEAD-END' COLLEGE COURSES
CHALLENGE OF REACHING OUT TO INTERNATIONAL STUDENTS
STRIKES AND PROTESTS
OVERSEAS STUDIES AND LANGUAGES
PRIVATISATION OF STUDENT LOANS
General Economic Forecasts
Table 5.1: Economic Forecasts (000, % and million), 2013-2017
FORECASTS 2013/2014 TO 2017/2018.
Number of Students
Table 5.2: Forecast Total Number of Students in Further
and Higher Education in the UK (000), 2013/2014-2017/2018
Table 5.3: Forecast Total Education Expenditure for Further
and Higher Education in the UK (£m), 2013/2014-2017/2018
Number of Students
Figure 5.1: Growth in the Total Number of Students in Further and Higher Education
in the UK (000), 2008/2009-2017/2018.
Figure 5.2: Growth in Total Education Expenditure for Further and Higher
Education in the UK (£m), 2008/2009-2017/2018
Possible Rises in University Fees
UK and International Students Looking Outside of the UK
6. Company Profiles
7. Further Sources