‘It’s just not worth a damn!: investigating perceptions of the value in attending university

Mass expansion of the UK Higher Education (HE) sector is eroding its well-documented benefits – leading many to question whether HE remains worthwhile. Avoiding the traditional approach of estimating the returns to HE, we investigate why many now feel that attending university will not yield any fin...

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Main Authors: Cook, Steve, Watson, Duncan, Webb, Rob
Format: Article
Published: Taylor & Francis 2018
Subjects:
Online Access:https://eprints.nottingham.ac.uk/49747/
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author Cook, Steve
Watson, Duncan
Webb, Rob
author_facet Cook, Steve
Watson, Duncan
Webb, Rob
author_sort Cook, Steve
building Nottingham Research Data Repository
collection Online Access
description Mass expansion of the UK Higher Education (HE) sector is eroding its well-documented benefits – leading many to question whether HE remains worthwhile. Avoiding the traditional approach of estimating the returns to HE, we investigate why many now feel that attending university will not yield any financial benefits. Using BSA data from 2010 we find that this negativity is being driven by perceived lack of graduate job prospects, the rise in tuition fees and wage underpayment. We conclude that this may well fuel uncertainty and reduce demand for HE from lower socio-economic groups while increasing intra class conflict in higher socio-economic groups.
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spelling nottingham-497472020-05-04T19:31:39Z https://eprints.nottingham.ac.uk/49747/ ‘It’s just not worth a damn!: investigating perceptions of the value in attending university Cook, Steve Watson, Duncan Webb, Rob Mass expansion of the UK Higher Education (HE) sector is eroding its well-documented benefits – leading many to question whether HE remains worthwhile. Avoiding the traditional approach of estimating the returns to HE, we investigate why many now feel that attending university will not yield any financial benefits. Using BSA data from 2010 we find that this negativity is being driven by perceived lack of graduate job prospects, the rise in tuition fees and wage underpayment. We conclude that this may well fuel uncertainty and reduce demand for HE from lower socio-economic groups while increasing intra class conflict in higher socio-economic groups. Taylor & Francis 2018-02-09 Article PeerReviewed Cook, Steve, Watson, Duncan and Webb, Rob (2018) ‘It’s just not worth a damn!: investigating perceptions of the value in attending university. Studies in Higher Education . ISSN 1470-174X Higher education; Graduate premium; Massification; Attitudes; Underpayment https://doi.org/10.1080/03075079.2018.1434616 doi:10.1080/03075079.2018.1434616 doi:10.1080/03075079.2018.1434616
spellingShingle Higher education; Graduate premium; Massification; Attitudes; Underpayment
Cook, Steve
Watson, Duncan
Webb, Rob
‘It’s just not worth a damn!: investigating perceptions of the value in attending university
title ‘It’s just not worth a damn!: investigating perceptions of the value in attending university
title_full ‘It’s just not worth a damn!: investigating perceptions of the value in attending university
title_fullStr ‘It’s just not worth a damn!: investigating perceptions of the value in attending university
title_full_unstemmed ‘It’s just not worth a damn!: investigating perceptions of the value in attending university
title_short ‘It’s just not worth a damn!: investigating perceptions of the value in attending university
title_sort ‘it’s just not worth a damn!: investigating perceptions of the value in attending university
topic Higher education; Graduate premium; Massification; Attitudes; Underpayment
url https://eprints.nottingham.ac.uk/49747/
https://eprints.nottingham.ac.uk/49747/
https://eprints.nottingham.ac.uk/49747/