Six myths about how universities spend their tuition fee income

By Nigel Carrington. Public debate about higher education has obsessed over fees, but some facts are rarely mentioned. It’s time to set the record straight. Public debate on higher education has become obsessed with funding, but there are some facts that are rarely mentioned. The value of universities to the UK is enormous, generating £72bn in value to the UK economy in 2014 on a turnover of £27.3bn. To put that into perspective, the acclaimed UK computer games sector turned over £1.7bn. And they create enormous value indirectly. More...