Over the next decade public perspectives around education will change says Stefan Drew of In the last 5 years, 100 out of 150 universities have seen an increase in the proportion of students dropping out. In some cases, non-completion rates have more than trebled.
Eg. Dundee rose from 3.5% to 12.1%
Bedfordshire University saw a reported drop out rate of 15.2%
Unconditional offers are often blamed
Coupled to this is a student loan debt burden in excess of £120billion
And many students not finding degree level employment after taking “Mickey Mouse” degrees
Students’ perception of HE is bound to suffer
The US has seen college recruitment decline due to these and other issues.
A decline in HE recruitment could be just around the corner
The Apprenticeship funding pot is now rationed for small businesses and a £1.5billion overspend is predicted by IoA for 2021-22
This could result in an increased demand for FE courses
It’s a potential opportunity that colleges could seize
But students are not going to fall for the tricks that convinced them to take worthless of expensive poor quality degree
They are likely to demand better quality, faster turnaround and more practical work experience.
Colleges should aim to improve quality and blend it with accelerated course delivery, 24/7 access to online course material, AI-driven delivery, all year round exam access (why should anyone wait months for an exam date when they are ready now?), integral high-quality work experience and lifelong access to Just in Time CPD thereafter
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