Higher Education: Productivity

(asked on 4th November 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what evidential basis there is for there being a link between enabling students from low and middle income backgrounds to attend university and improving UK productivity set out in his report, Fixing the foundations: Creating a more prosperous nation, published in July 2015.


Answered by
Greg Hands Portrait
Greg Hands
This question was answered on 9th November 2015

The link between productivity as measured by wage returns and higher education is well established. Academic evidence shows that a woman can expect on average to earn £252,000 more over their lifetime after studying at university, net of taxes and loan repayments. For a man the equivalent figure is £168,000. This government believes that people from all backgrounds should be able to benefit from a university education. UCAS data suggests that those from disadvantaged areas are 38% more likely to apply to university now than they were in 2009.

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