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Government spending on higher education in the UK 2009-2020

Published by D. Clark, Oct 27, 2020
Government spending on higher or tertiary education in the United Kingdom was 4.37 billion British pounds in 2019/20, compared with 4.37 billion in the previous financial year. This was the lowest amount spent by a UK government on higher education during the provided time period.

Public sector expenditure on tertiary education in the United Kingdom (UK) from 2009/10 to 2019/20 (in billion GBP)

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Sources

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Release date

July 2020

Region

United Kingdom

Survey time period

April 1, 2009 to March 31, 2020

Supplementary notes

*A report from the United Kingdom's House of Commons provides an explanation for 2010/11 expenditure.
"This figure is inflated to a certain extent by some one-off accounting adjustments to the subsidy element of student loans. These adjustments were to revalue the existing stock of loans to reflect lower than expected repayments. The additional expenditure was ‘scored’ against the year in which these decisions were made, despite the facts that lower repayments will often not be realised for many years to come and the loans in question were taken out from the end of the 1990s onwards."

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