The Labour Party has failed to grasp that the mood of the country is turning against it
When student earnings are measured using the Government's Longitudinal Educational Outcomes data across a career lifetime, the average graduate's earnings outstrip the non-graduates by more than £100,0000, even once higher taxes and student loan repayments are taken into account. What's more, graduates are at least twice as likely to be in employment than those who didn't go to university.
For the vast majority of students, university pays off.
Vivienne Stern
Chief executive, Universities UK
London WC1
SIR – I read with interest the article by Julie Henry regarding the worth of going to university.
The article mentioned the financial burden of student debt, and also parents' large financial contribution, both of which remained unpaid when the promised return of a good salary after graduation did not materialise.
What was not mentioned was that the rise of 'new' universities and the need for student accommodation over the past 20 years have also created an opportunity for buy-to-let landlords. Many purchased properties close to the universities, then converted them into student houses of multiple occupation, which gave a good return on their investment. Historically, these properties would have been bought by first-time buyers or for long-term rentals.
All this has not only added to the need for more housing in most university cities across the United Kingdom, it has also created a huge number of properties which lie empty for a substantial period of the year.
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