What should higher education be for?

By Charles Seaford, Laura Stoll and Louis Coiffait – In the foreword of his recent report on UK higher education funding, Lord Browne wrote that: “the return to graduates for studying will be on average around 400%”.   In this world view higher education is an economic investment, and there is and should be pressure to take a high paying job. Indeed it would be inefficient for graduates to take lower paid jobs: the market, as manifest in salary scales, […]

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