Graduates from PGT courses take their high-level skills into the widest range of employment sectors, and the average postgraduate earns more than the average graduate from an undergraduate course. At the same time, postgraduate education acts as an engine for social mobility, enabling individuals to achieve their full potential.
Given these opportunities, it is worrying to see that the number of students starting a PGT course at a UK university fell by 10% in two years between 2010–11 and 2012–13.
This report assesses the funding challenges faced by postgraduate taught education in the UK. It recommends the strengthening of underdeveloped options which could extend opportunities to undertake postgraduate taught education more widely. The report also identifies a range of potential funding mechanisms including private sector loans (with or without a government subsidy), public loans, and scholarships, which could be funded by a whole range of partners.