Degrees

Students and the taxpayer rightly expect a good return on their significant investment in higher education (HE). However, the Student Academic Experience Survey report 2025, published this month by the Higher Education Policy Institute and Advance HE, shows that only 37% of students think they are getting ‘good’ or ‘very good’ value for money.

Value for money is also about ensuring graduates contribute to the economy and society through the skills they acquire, and we know from the September 2024 report from Skills England, ‘Driving Growth and Widening Opportunities’, that many of England’s businesses are dependent on graduate skills. Yet the latest release of the Graduate Labour Market Statistics shows that only 67.9% of working age graduates are in high skilled employment.

This government is determined to change this and to ensure that our HE system delivers value for money. Sir David Behan’s Independent Review of the Office for Students (OfS) recommended that the OfS refocus its work on four key priorities: the quality of HE, the financial sustainability of HE providers, acting in the student interest, and protecting how public money is spent. The government has accepted the Review’s recommendations and will continue to work with the OfS to hold providers to account for the quality of students’ experiences and the outcomes they achieve.