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Interest in studying in the UK among prospective overseas students has already risen sharply following the government's decision to bring back study-study work visas. Now policy-makers and universities must build on this good news through the UK's new international strategy, says Vivienne Stern, Director of Universities UK International.
An annual survey by the Institute of Student Employers' has reported a "resilient" graduate labour market with 10 per cent more jobs than the previous year.
The University and College Union has confirmed that strike ballots will open at 69 UK universities on Monday September 9 over USS pensions and pay, workloads, casualisation and equality.
Sajid Javid’s increased education settlement will boost school coffers but higher education was barely mentioned in his first Spending Round.
Universities leaders in Scotland have criticised a real terms budget cut for higher education.
The Scottish Budget for 2019/20, published this week (on 12 December 2018), has allocated £1.839 billion to the Scottish Funding Council for higher education, a slight increase on the £1.838 billion the previous year. But when inflation is taken into account, the figure represents a 1.79 per cent funding cut, university leaders pointed out.
Professor Andrea Nolan, Convener of Universities Scotland, said: “This returns universities to a series of real terms cuts that the Government stopped last year. We understand the Scottish Government is managing a challenging set of public finances. However, we’d hoped last year’s decision was the start of a slow climb back to sustainable funding. That’s clearly not the case.”
Funding for capital projects has dropped to £37.5 million, down from £45.5 in 2017/18, while the money available for universities to borrow for capital expenditure has risen over the same period from £l0 million to £55.5 million.
“Loans are now the main means of financial support that universities receive from the Scottish Government for their estate and infrastructure,” said Professor Nolan. “Loans are a helpful addition but cannot be a replacement for core funding and there is, ultimately, a limit to universities’ ability to borrow.”
Delivering the budget, Derek Mackay MSP, cabinet secretary for finance and the constitution, said it maintained investment at over £1 billion in Scotland’s universities.
He also said that the Higher Education Student Support (HESS) budget, which funds free tuition for all eligible Scottish or EU-domiciled undergraduate students studying in Scotland, would be maintained.
Higher education will receive a share of increased direct investment in mental health of £27 million, taking overall funding for mental health to £1.1 billion - to improve services for young people.
Universities are also partners in the £1.3 billion City Region and Growth Deals, aimed at maximising economic opportunities across the country.
There was a £22 million boost for Skills Development Scotland, which will invest over £214 million in the expansion of apprenticeships towards a target of 30,000 starts by 2020; pre-employment training opportunities; the national careers service; and implementation of Developing the Young Workforce (DYW).
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