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University and Apprenticeships Informed or confused?

University and Apprenticeships Informed or confused?. Overview. The labour market and why higher level qualifications matter The IAG Challenge Confusion Reigns? Demand v supply New developments Key messages for young people. Towards full employment?. Some growth factors:

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University and Apprenticeships Informed or confused?

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  1. University and Apprenticeships Informed or confused?

  2. Overview • The labour market and why higher level qualifications matter • The IAG Challenge • Confusion Reigns? • Demand v supply • New developments • Key messages for young people

  3. Towards full employment? Some growth factors: • Impact of Brexit on 55,000 EU NHS workers • 22% of workers in the Construction sector are aged 50+ • Government housebuilding policy will further increase demand

  4. But only for the highly qualified? UK Commission for Employment and Skills “Working Futures: 2014 to 2024 Report: March 2016

  5. And ultimately… “In the next decade AI will outperform humans in tasks such as translating languages (by 2024), writing high-school essays (by 2026) and driving a truck (by 2027). However, robots will take longer to perform better than humans in jobs such as working in retail (by 2031), writing a bestselling book (by 2049) and working as a surgeon (by 2053).” University of Oxford’s Future of Humanity Institute: 2017 

  6. Redefining work? • Robots are smart, but still not very good at: • Creativity, empathy, critical thinking, leadership, and artistic expression • Work will change: • Some industries are more likely to employ people, others robots, but all will need some kind of mix. • Qualifications and soft skills will be increasingly important • “Universal wage” and the end of most transactional, paid employment is a real possibility within the lifetime of today’s young people

  7. The IAG Challenge

  8. Young People Overwhelmed • Online career advice is challenging to navigate. • Dispersed across multiple sites • Different information in different ways • Information available but inaccessible. • Knowledge and awareness of careers often low, outdated or inaccurate • Aspirations do not align with the future job market. • Limited understanding of the breadth of jobs market • Low awareness of the range of careers in new / emerging industries • Aspirations often based on parents and teachers experiences • ‘Moments ofchoice’ approach can narrow pathways and options. • “Moments of inspiration’ build understanding of career options • “Cold v hot” information • Focus on long-term directions, salary and qualification requirements  • Need for information to develop a understanding of what a job would be like for me. Behavioural Insights Team for Careers Enterprise Company: August 2016

  9. Schools and Colleges Overwhelmed

  10. Back to basics • What are the opportunities for young people NOW? • Supply of higher education and apprenticeships • The real cost of higher education • Comparing quality and learner experiences • What does “success” look like? • Securing their pathway

  11. Supply: Apprenticeships Largely static, despite significant investment. Most growth in 25+ adult participation https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/650515/SFR53_2017_FINAL.pdf

  12. Predominantly <L3 but L4+ growing SFA / BIS October 2017 BUT 68% of post 16 apprentices on Level 2 apprenticeships 98% of post 18 apprentices on Level 3 or lower apprenticeships Social Mobility Commission: March 2016

  13. 3,000,000 apprentices? • “Only 15% of apprentices taken on since May of this year have been aged 16 to 18” Association of Employment and Learning Providers: Sept 2017 • “In light of the 61% fall in apprenticeship starts since May 2017 compared to the previous year, is additional training required to provide careers guidance staff with an understanding of labour market needs and the ability to negotiate with employers?” Westminster Employment Forum November 2017 • “This disappointing data will come as no surprise to companies, who have repeatedly made clear that the current design of the apprenticeship levy system is not effective.” Neil Carberry, CBI Oct 2017

  14. On the Find an Apprenticeship website 15th November 2017 Within 30 Miles of the NEC • Degree Apprenticeships 5 • High Apprenticeships 19 • Advanced Apprenticeships 416 • Intermediate Apprenticeships 1,299

  15. Supply: Degrees In 2016 UCAS recorded: • 238,900 acceptances from UK 18 year olds, (+1.5%) on 2015. 32.5% of all 18 yr olds • 92,200 acceptances from UK 19 year olds (+ 0.5%) on 2015. 11.1% of all 19 yr olds • Young women 35% more likely to enter than young men • Young people for disadvantaged areas 73% more likely to enter than In 2006 UCAS End of Cycle Report 2016: https://www.ucas.com/file/86541/download?token=PQnaAI5f

  16. Put simply In 2015/16: • For every 18/19 year old starting a higher or degree apprenticeship 25 started a degree programme • 0.009% of 18/19 year olds entered higher and degree apprenticeships compared to 43% entering higher education • Is this a function of demand or supply?

  17. What happens next? About 67% of Apprentices complete and achieve their qualification 81.7% About 82% of undergraduates complete and achieve their 1st degree 16% 2.3% DfE/SFA Jan 2017 HESA Destinations of Leavers from Higher Education 2017 (3 .5 years after graduation)

  18. The true cost of university Any outstanding loan wiped 30 years after entering repayment. 83% of graduates will never pay it all back!* ! ! Based on latest policy announcements re £25,000 repayment threshold *Institute of Fiscal Studies Oct 17

  19. For the average graduate… • Average salary 3 ½ years after graduating = £27,000* • Student Loan Repayment = £15 per month £3.46 a week!** * HESA 2016/17 Destinations of Leavers from Higher Education Longitudinal Survey **Based on latest policy announcements re £25,000 repayment threshold

  20. Earning Premiums for Both… Degrees • Average £108k • Males £121k • Females £82k • Medicine / Dentistry £403k • Law £215k • Engineering £157k • Education £89k Apprenticeships • £48k to £74k for level 2* apprenticeships (*GCSE level) • £77k and £117k for level 3 apprenticeships (*A level) • Level 4 or above “could earn £150k more on average over their lifetime” 2 Returns to Higher Education Qualifications: BIS 2011 1 London Economics (2011) – BIS Research Paper Number 53, Returns to Intermediate and Low Level Vocational Qualifications 2 AAT and CEBR (2013) University education – is this the best route into employment?

  21. Some good news? • HEFCE • Degree Apprenticeship Development Fund • £9.4 million to fast track developments • 9,700 new Degree Apprenticeships • On stream by September 2018 • Interactive map and list of providers / sectors http://www.hefce.ac.uk/skills/apprentice/dadf/

  22. Other Options at 18 / 19 DEGREES WITH SPONSORSHIP • e.g. Whitworth Scholarships: £5,000pa for any Engineering discipline UNIVERSITY/EMPLOYER PARTNERSHIP DEGREES • e.g. National Grid @ Aston (Electrical Power Engineering); £24K + car SALARIED SCHOOL-LEAVER PROGRAMMES • e.g. Rolls-Royce: Accounting Technician; A/B in relevant subject £12,700 • Apply direct to employer for most • Tough entry requirements/ highly competitive • Very demanding mix of work and study • Commitment required…they pay…you work for them!

  23. Key Messages for Young People University Apprenticeship Pros No fees A salary Highly vocational Built-in employer involvement Good employment prospects Cons Lack of information Limited availability (esp L4+) Complex application Highly competitive No access to loans system Need clear career in mind Demanding job / study commitment Pros Vast amount of information Wide choice of unis and courses Plenty of places available Single point of application Range of entry requirements Student life / experience Access to bursaries for some Can keep many career options open Cons Fees and living costs = high theoretical debt Most student work PT to earn extra

  24. CHOOSING COURSES / UNIS • search.ucas.com • bestcourse4me.com • unistats.direct.gov.uk • university.which.co.uk Plus • ukcoursefinder.com • universitycompare.org • whatuni.com • http://www.aimhigherwm.ac.uk/index.php/eventsfor open days, taster events etc.

  25. http://schoolleavers.milkround.com/ gov.uk/apply-apprenticeship allaboutschoolleavers.co.uk notgoingtouni.com schoolleaverjobs.co.uk http://www.thebigchoice.com/ WEBSITES FOR JOBS, EMPLOYER SCHEMES & APPRENTICESHIPS

  26. Single Point of Contact for the region’s HE providers’ Outreach • “Moments inspiration” plus activities help improve attainment • Aligns with Pupil Premium and CEIAG Duties

  27. Questions Thank you www.aimhigherwm.ac.uk @aimhigherwm

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