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UK universities slip down the rankings

As the UK government continues to consider the future of tuition funding in the UK the OECD has today released a league table of university education rankings which shows that the UK has fallen over the last 10 years. Only a decade ago the UK was in the top four of the OECD nations in relation to the percentage of people obtaining a university degree but now it is at number 15.

As long ago as 2000 the UK was nine percentage points above the average OECD figure for university degrees but is now three percentage points lower. This is likely to focus the minds of the UK government at a time when education and the cost of education is a hot topic. If the government increase fees and reduces the attractions of university education then potentially the UK ranking in the OECD league could fall further.

This may well bring into play the much feared graduation tax which would see graduates pay for their university education out of their future employment earnings. There are many who fear this particular taxation route is something of a minefield because ultimately how would you charge, at what rate would you charge and who would you charge?

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