Graduates: Less is more
An HR body has called on the government to review its “over-promotion” of university education and to focus more on providing vocationally-based diplomas at a time when nearly six out of ten graduates are unable to find suitable employment.
The Chartered Institute of Personnel and Development (CIPD) has warned that government targets desiring 75% of young people – compared to 39% today - to achieve a degree or equivalent qualification are “counter-productive” and should be reviewed urgently.
Recent Budget announcements around offering 20,000 more university places would only lead to the creation of “disillusioned generation” unable to find graduate-level employment but still saddled with thousands of pounds-worth of debt, while also failing to meet the needs of employers, the Institute claimed. The proposed increase in university places will effectively double the number of graduates in the UK.
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