“We strongly support the government’s position that investment in higher education and science is an investment in the future of the UK. For the £14 billion invested in higher education, the economic return is £60 billion.
“It is disappointing to see any cut, even at 6%, because of the potential this has to damage long-term growth. Whilst investment in higher education and science has been relatively protected we need to ensure that these cuts do not damage the sector’s ability to contribute to economic recovery and social mobility.”
“Now is the time to turn our thoughts to the long-term prosperity of the UK. We need to think creatively about how we can expand capacity in higher education and science to meet the demands of the future economy.”
Notes for editor