Saturday, 28 January 2012

UK tuition fees are third highest in developed world, says OECD

The UK has the third highest university tuition fees in the developed world, according to analysis by the Organisation for Economic Co-operation and Development.

The annual Education At A Glance study (pdf)– conducted before fees almost treble next year to a maximum of £9,000 – shows the UK is the most expensive after the United States and Korea.

The analysis compared the 34 countries of the OECD, plus Brazil, the Russian Federation and Argentina, China, India, Indonesia, Saudi Arabia and South Africa.

On average, students in the UK paid just under $5,000 (£3,158) a year in 2008. In countries including Austria, Belgium and France, teenagers paid less than half this amount. In Sweden, Denmark and Norway, tuition is free.

Andreas teenagers, head of the OECD's educational statistics and analysis division, said the US higher education system had priced many out of the opportunity to study at university. But he said the UK was unlikely to do the same because students have access to loans.

"The cost of higher education has risen very dramatically [in the US]," he said. "It is very difficult for people to afford it because access to financing is much less well developed than in the UK."

The analysis, published in the OECD's annual Education at a Glance report, also shows Britain does worse at keeping young people in education than most other developed countries.

In the UK, 74% of 15- to 19-year-olds were in education in 2009, compared with an average of 82% across the 42 countries studied. Only Chile, Israel, Mexico and Turkey fared worse.

This is despite the UK's spending on education rising at a faster rate than in many other countries. Between 2000 and 2008, funding for primary and secondary education increased by 56% in the UK – the eighth highest increase of 30 nations. Spending on higher education grew by 30%, the sixth highest increase.

Overall, spending on education in the UK was two percentage points below the OECD average of 5.9% of GDP. However, expenditure has shifted from public to private sources.

Adults without "baseline qualifications" – the equivalent of five good GCSEs – have borne the brunt of the economic crisis, the report shows. The employment rate for these adults dropped from 65.6% to 56.9% – a fall four times greater than the average.

NEWS BY:http://www.guardian.co.uk/education/2011/sep/13/uk-young-people-education-oecd

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