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The expansion of higher education: have students and taxpayers had a raw deal?

Twenty-first century study has been a story of unfair treatment and accountancy tricks

By Michael Forsyth  

The proportion of young people entering higher education has increased from 40 per cent to 50 per cent during the 21st century. This growth has come almost entirely from more students enrolling onto full-time undergraduate degree programmes at universities. Has this been in the best interests of students? And given this expansion has been funded in large part through an accounting trick by the government, more of which later, has the cost been in the best interests of taxpayers?

The House of Lords Economic Affairs Committee, which I chair, has just concluded…

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