HEPI, LEO and VFM

Monika Antal, Executive Manager

Last week I attended the Hepi Annual Conference in London. Sam Gyimah MP, Minister of State for Universities, Science, Research and Innovation, opened the event with a keynote speech that focused on value for money, innovation and transparency.

The minister began by calling on universities to “focus relentlessly on value for money”. By value for money, the assumption was that value for money should be measured, in part, by graduate earnings, which just happened to be the subject of a new report published the same day by the Institute for Fiscal Studies/Department for Education looking at relative labour market returns to undergraduate degrees, and which draws heavily upon Longitudinal Educational Outcomes (LEO) data.

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