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Early day motion tabled by primary sponsor David Lammy (Labour), on Monday, 15 July 2013, in the House of Commons. It is signed by 106 members in total.


KNOWLEDGE ECONOMY

That this House notes with concern that the UK invests 1.4 per cent of gross domestic product (GDP) in higher education, compared with the Organisation for Economic Co-operation and Development average of 1.7 per cent; further notes that public support of further education fell by 5.9 per cent in 2010-11, the last year in which it was reported separately; is concerned that spending on research and development at 1.8 per cent of GDP is also lower than the EU-27 average of 2.0 per cent; is further concerned that the UK has fallen from third among the top industrialised nations in terms of young people graduating in 2000 to 15th in 2013; is aware that the cost of educational under-achievement in the UK is estimated at £22 billion for a generation in opportunity costs and costs to the public purse; is further aware that countries like Germany, India and China have prioritised investment in education in response to the economic crisis; believes that access to high quality tertiary education provides enhanced life chances for individuals, significant benefits for society and is essential for the UK's long-term economic sustainability; and calls on the Government to recognise these benefits and commit the UK to funding tertiary education at a level that can close the international competitive gap in investment with other countries and enable the UK to compete on an equal footing.


Secondary information

Type
Early day motion
Reference
413 
Session
2013-14
Other sponsors
Caroline Lucas
Tim Farron
Roberta Blackman-Woods
Julian Huppert
Ian Mearns
Subjects
Further education Innovation Higher education
Link
View this Early day motion on www.parliament.uk