Competition lacking in English higher education market

Oxford University bridge NIB

Source: © iStock

Audit shows less than a third of students think their course offers value for money

The National Audit Office has identified a number of ‘points of failure’ in the higher education system in a new report into how the sector is operating as a market. The report says that government funding for higher education in England has risen by £3 billion to £9 billion over the past decade. Most of this is delivered directly through students in the form of tuition fee loans.