Unique Client Solutions looks into a recent
report which shows that graduates contribute to the economy 10 times what it
costs to educate them.
The topic of graduate unemployment is one which Unique Client Solutions has been discussing
a great deal recently. So a University and Colleges Union (UCU) report showing that their contribution
to the economy is 10 times what they cost the government to educate them is unsurprising. The customer acquisitions firm looks into the report in more detail.
The report reveals that graduates bring in
£180,000 more than those simply with A-levels over their working career and the
average degree costs the state approximately £18,800 per student. Unique Client
Solutions finds these staggering figures worrying as the government starts in
their latest reforms with the cost of a degree tripling. Their report suggests
that these changes will limit the number of graduates that the UK produces and
will damage the country’s ability to compete with other countries globally.
Comparing the direction that higher
education is heading to other advanced industrialized nations is also
concerning. Back in 2000 the UK
had the third highest number of graduates but by 2008 it had fallen to 15th
as countries like China and India invest so much more in their higher education
programs. Unique Client Solutions understands that China has quadrupled its
number of graduates between 1999 and 2005 and India is planning to create 800
new higher education institutions by 2020.
The UCU general secretary Sally Hunt said
“This research shows the huge contribution A-level and degree holders make to
our economy and instead of cutting places at college and university ministers
should be looking to fast-track learners into the industries of the future.”
A representative for the Sheffield-based
Unique Client Solutions said, “This report clearly shows that if the UK isn’t
careful we’re going to fall behind our biggest competitors. We have a proud
educational heritage in the UK and it’s essential we keep that reputation and
make sure that graduates aren’t being forced abroad in search of work. There
are plenty of new industries emerging that we can encourage them into and make
sure we remain competitive on a global scale.”
Unique Client Solutions offers our
clients a unique service to deal with all of their customer acquisition and
campaign management needs. Our headquarters are in Sheffield and Nottingham.
For more information please visit: http://www.uniqueclientsolutions.org
