Covid-19 could be a curse for graduates but a boon for universities

A post-coronavirus recession could drive higher university enrolment and enhance human capital, says Nick Hillman

Published on
April 2, 2020
Last updated
April 2, 2020
University students queue
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Reader's comments (10)

Surely the failure of graduates to gain employment undermines the economic rationale behind fees. Paying £27,000+ to sign on the dole is not going to encourage anyone to invest in more education. If the sector cannot offer even basic levels of employment as a benefit, where is the motivation to sign up for this scale of personal debt?
I have sympathy for these comments - Universities must start to focus a similar effort and resource on Graduate Outcomes as they do on International Student Recruitment, recent figures from Tribal point to institutions spending ten times more on marketing than they do on their University Careers Services - this has to change if Universities are to remain attractive to potential students and society.
A great article by Nick, which builds on a LinkedIn post a week ago comparing the impact on HE enrollments of the #Covid19 Crisis & 2008 Financial Crisis. Link: https://lnkd.in/fkST9vv I would agree with Nick’s views with the exception of Careers Support for International Students, worth £3.2billion a year to the UK & still woefully undeserved in this regard. Whilst UK recruitment may increase due to #Covid19, it is still very unclear how international recruitment will fair, on which the financial viability of UK HE Sector rests. When Gavin Williamson wrote to #OfS in Sept 2019 he said “It is critical that #internationalstudents receive a world-class experience & should be supported into #employment, in their home country or the UK. It will be critical that OfS makes public transparent data on the outcomes achieved by international students, including those studying wholly outside the UK as it does for domestic students.” I agree with the Minister it is crucial we support this year’s graduates into jobs back home & graduates for Post-Study work in the UK &/or back home 2021. Without robust metrics on International Graduate Outcomes it will be impossible for already stretched & under resourced University Careers Services. Asia Careers Group – Investing in International Futures
Fewer graduate jobs will and should lead to fewer university students. There is little evidence that the expansion of the number of graduates has lead to a better skilled workforce. Over 25% of current graduates are under employed and during a recession this tends to increase but at the expense of non graduates where unemployment rises due to their displacement by graduates.
Couldn't put it better myself, we have reached a situation where going to university is seen as the default option for many when it may not be the best choice.
Enrolments always go up during recessions. You don’t just go to university for a ‘graduate level job’, you go for an education and an experience. Maybe we’ll rediscover the joy of learning and reward it?
I must admit I am sick of the "Okay Boomer" tag, especially since I was part of the class/group of 1981 and suffered badly in terms of mental and financial health as a result. It's amazing the number of students who have no idea about how tough things were for a lot of people d uring that period. That said I also worry about the "grade inflation" curve and the lack of respected alternatives to University education, which isn't for everybody and never will be. Let's hope some (not very) common sense rules after this period finishes
If the government insists on closing courses with bad graduate salaries, there’ll be no programmes available for them to enrol on...
It's also possible that enrolment on health care-related courses could be up significantly if there's available capacity in universities for medicine, nursing, pharmacy, etc judging by how much support and encouragement the NHS and other health care workers have received during this outbreak.
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