Government spending on higher or tertiary education in the United Kingdom was 4.55 billion British pounds in 2022/23, compared with 4.71 billion in the previous financial year.
Public sector expenditure on tertiary education in the United Kingdom from 2009/10 to 2022/23
(in billion GBP)
*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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GOV.UK, & HM Treasury. (July 19, 2023). Public sector expenditure on tertiary education in the United Kingdom from 2009/10 to 2022/23 (in billion GBP) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/298902/higher-education-spending-uk/
GOV.UK, und HM Treasury. "Public sector expenditure on tertiary education in the United Kingdom from 2009/10 to 2022/23 (in billion GBP)." Chart. July 19, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/298902/higher-education-spending-uk/
GOV.UK, HM Treasury. (2023). Public sector expenditure on tertiary education in the United Kingdom from 2009/10 to 2022/23 (in billion GBP). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/298902/higher-education-spending-uk/
GOV.UK, and HM Treasury. "Public Sector Expenditure on Tertiary Education in The United Kingdom from 2009/10 to 2022/23 (in Billion Gbp)." Statista, Statista Inc., 19 Jul 2023, https://www.statista.com/statistics/298902/higher-education-spending-uk/
GOV.UK & HM Treasury, Public sector expenditure on tertiary education in the United Kingdom from 2009/10 to 2022/23 (in billion GBP) Statista, https://www.statista.com/statistics/298902/higher-education-spending-uk/ (last visited July 27, 2024)
Public sector expenditure on tertiary education in the United Kingdom from 2009/10 to 2022/23 (in billion GBP) [Graph], GOV.UK, & HM Treasury, July 19, 2023. [Online]. Available: https://www.statista.com/statistics/298902/higher-education-spending-uk/
