Mark Farrar comments on Institute for Fiscal Studies (IFS) report revealing that funding for students aged 16-18 will be just 10% higher in 2018-19 than 30 years ago
Mark Farrar, AAT Chief Executive says:
"This sobering report from the IFS underlines just how poorly resourced and provided for students in further education are. Funding per student in this age group has seen the biggest squeeze at all stages of education for young people in recent years, and clearly amounts to a significant cut in spending in real terms. With this level of funding it is little wonder that there has been a decline in starts in ‘STEM’ subjects, which we see directly through the drop in provision of accountancy courses.
For those who do study a Further Education course, there is a wealth of benefits and rewards associated from doing so, not least helping students gain access to a fulfilling career in their favoured profession."