Source · Select Committees · Education Committee
Recommendation 1
1
Acknowledged
There are widespread economic, social and research benefits from the higher education sector.
Recommendation
There are widespread economic, social and research benefits from the higher education sector. These benefits are particularly important in less prosperous areas. While Baroness Smith is right to highlight the economic benefits of larger institutions, we found that even smaller universities can have an immense impact, especially when located in smaller towns, and can be the largest employers in their area. The Government must take full account of the essential economic anchor role of universities when formulating policies and responding to financial difficulties in the higher education sector. (Conclusion, Paragraph 30) Helping Higher Education institutions avoid insolvency
Government response summary AI-generated
The government acknowledges the substantial contribution of higher education to the UK economy, society, and local communities, affirming its vital civic role without detailing how it will specifically take account of the anchor role in policy.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Acknowledged
HM Government · verbatim extract
Acknowledged
Higher education makes a substantial contribution to the UK’s economy and society. It also delivers significant social value, with graduates experiencing improved health outcomes, longer life expectancy, and higher levels of wellbeing. Providers play a vital civic role in their local communities, contributing to public services, place-making, and regional growth.
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