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Guardian

Post-school-education skewed in universities' favour - Lords Report

Tertiary education in England is heavily skewed in favour of universities, but offers poor value for money for students and the economy, according to a critical report by the House of Lords. The report by the Lords’ economic affairs committee calls for immediate reform of the funding system and concludes that changes introduced in 2012 - when university fees were raised to £9,000 a year – have overbalanced funding for 18-year-olds towards universities while heaping debt on students…. The report follows a series of hearings and evidence from more than 150 individuals and organisations. Members of the committee include Lord Turnbull, a former head of the civil service, and Lord Layard, emeritus professor of economics at the London School of Economics. 


Related Links:
Guardian - Post-school-education skewed in universities' favour - Lords Report

CEP Wellbeing

Richard Layard webpage


News Posted: 11/06/2018      [Back to the Top]

The Sunday Times

Should we be spending money on holidays and restaurants rather than homes?

The £15bn Crossrail will serve the Buckinghamshire village of Taplow, in the green belt, next year, yet no homes can be added there, noted Professor Paul Cheshire of the London School of Economics


Related Links:
The Sunday Times - Should we be spending money on holidays and restaurants rather than homes?

Turning houses into gold: the failure of British planning

CEP Urban and Spatial Programme

Paul Cheshire webpage


News Posted: 10/06/2018      [Back to the Top]

The Sunday Times

Call time on this unfair union

By sticking with the UK, the London School of Economics estimated Scotland will be £30bn worse off after Brexit, and the Bank of England reckoned incomes will be 900 a year less  .


Related Links:
The Local Economic Effects of Brexit

CEP Trade

CEP Community

CEP Urban and Spatial Programme

Swati Dhingra webpage

Stephen Machin webpage

Henry Overman webpage


News Posted: 10/06/2018      [Back to the Top]

The Times

Why boys, football and exams are an unfortunate mix

We should also worry about our rather odd exam system. To have high stakes national exams at the age of 16 — GCSEs — is relatively unusual by international standards. It is easy to understand their history: most young people used to leave school at 16, and some measure of attainment at that point made sense. Few now leave at 16. All are supposed to be in some form of education until they are 18. GCSEs have become just one more sorting mechanism. And as some recent work by economists at the London School of Economics has demonstrated, they sort in a way that can be really quite damaging. Using data on the precise marks that students got at GCSE English, the researchers were able to look at the impact of just getting a C grade as opposed to just missing a C grade — literally the impact of getting a single additional mark. The results are disturbing. Missing a C grade in English language by a tiny fraction decreases the probability of enrolling in a higher-level qualification by at least 9 percentage points, with a similar effect on the probability of getting A levels or equivalent by the age of 19. This in turn affects the chances of getting into university and of getting a job with decent progression prospects, and so on. All for the want of a single mark in a single exam aged 16.

 

Related publications

‘Entry through the narrow door: the costs of just failing high stakes exams’, Stephen Machin, Sandra McNally and Jenifer Ruiz-Valenzuela, CVER Discussion Paper No.014, April 2018

http://cver.lse.ac.uk/textonly/cver/pubs/cverdp014.pdf


Related Links:
The Times - Why boys, football and exams are an unfortunate mix

CEP CVER

CEP Education and Skills

CEP Community

Stephen Machin webpage

Sandra Mcnally webpage

Jenifer Ruiz-valenzuela webpage


News Posted: 04/06/2018      [Back to the Top]