Professor Frans Berkhout_INAUGURAL LECTURE_06-2018-Professor Frans Berkhout: INAUGURAL LECTURE

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The Student Producer of The Educational Experience

3

Moving forward

Universities must seek and enable their own capacity to define what they stand for and maintain their independence from both the private and public sector.

Universities do not necessarily need to be regulated but should instead think about Self-regulation

We must recognise that both the production and consumption of knowledge has greatly changed and remains is in a perpetual, radical and rapid changing state. Universities must align their strategies, strategies and processes in account of this.

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Taking Action What to do?

Advocate for more balanced funding model, supporting private and public values.

Restate the public good value of a university education

Engage with the public debate

Collaborative approach to creating the education experience

Reinvent the process of education

Collective effort to reshape the debate that threatens to weaken and damage the historical reputation of university

1

What is The Value of a University Education?

Education produces value in the way of public values

Shared values and dynamic culture

An engagd and capable polity

Supported by data showing that those who lack a university education are more likely to vote for populist political parties because they feel left out of from the opportunities and changes taking place in the world around them.

Social mobility

Innovative capabilities

Human Capital and economic productivity

Education produces value in the way of private benefits

Graduate premium

Supported by graphs depicting supportive data stating that those with university degrees will and do earn more money than those who do not.

trustworthy data?

I see the ‘graduate premium’ is in there; i regard that as ‘dirty’ data, normally, since they normally refuse to split out high-paying graduate-only professions, eg

• Medicine,
• Dentistry,
• Veterinary,
• Architecture,
• Law

Consider the size of these, the money they command, and then you'll see that it must distort massively when compared to "non-graduates".

A fair comparison can only be made when restricted to roles that have both graduate and non-graduate paths to attaining them.

For instance, search for 'medicine' or 'medical' in this PDF: http://www.if.org.uk/wp-content/uploads/2016/07/Graduate_Premium_final.compressed.pdf

But if a source was provided for better data, please share! - TD

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Inaugural Lecture: Professor Frans Berkhout The Value of a University Education